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Crude oil jumps as escalation risks increase after Trump says the US doesn't need Iran deal

FxGain News Newsdesk · · reported by 1 source

Crude oil jumps as escalation risks increase after Trump says the US doesn't need Iran deal

What we know so far

investingLive (Nov 13, 16:41): Crude oil jumped yesterday after Trump stated on Truth Social that the US does not need a deal with Iran, fuelling escalation concerns. Trump warned that the US would not hesitate to take further military action if current measures fail to achieve objectives, while CENTCOM is implementing the naval blockade and working to restore commercial shipping through the Strait of…

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