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MarketsConfirmedMediumDeveloping
7.3

Crude oil prices decline as market discounts impact of new US sanctions on Iran

Crude oil prices dropped over 3% to one-week lows as market participants assessed that recent US sanctions on Iran will have limited impact on global supply. The Colombian peso also weakened against the dollar, trading significantly above the Representative Market Rate (TRM).

La Repúblicaabout 6 hours agoUS, IR, COCredibility 39%View source

Score Breakdown

Mosaic Score7.3
Confidence0.9
Significance0.5
Source credibility0.4

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