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Oil Surges on Iran Tensions While Strong Canadian Data Dents USD/CAD

Yahoo Finance Read original source (opens in a new tab)
The Story

News Summary

  • Crude oil prices surged over 1% due to escalating US-Iran tensions and potential Strait of Hormuz supply disruptions.
  • Gold edged higher, while USDCAD fell 0.40% after better-than-expected Canadian manufacturing and wholesale sales data boosted the Canadian dollar despite US tariff concerns.
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BRENT price history

104.61 +64.07% over the displayed period

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