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<Commodity>Oil Continues to Slide 5%+ as Trump Says CN Can Buy Oil from Iran
US President Donald Trump stated that China could continue to purchase oil from Iran, indicating that the US would ease its grip on Iran after the ceasefire between Iran and Israel...
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<Commodity>Oil Continues to Slide 5%+ as Trump Says CN Can Buy Oil from Iran
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US President Donald Trump stated that China could continue to purchase oil from Iran, indicating that the US would ease its grip on Iran after the ceasefire between Iran and Israel. Oil prices continued to nosedive Tuesday.

New York oil futures for August delivery fell by USD3.9 or 5.7% to USD64.61, while Brent oil futures for August delivery dropped by USD4.1 or 5.8% to USD67.38.

Related NewsOvernight Shibor Rises 0.3 bps to 1.370%
As the oil market bet on the end of the Middle East conflict, oil prices closed down 7% Monday.

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