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US-Iran peace agreement can have positive impact on oil prices – Kamil (opens original article in a new tab)

TL;DR

US-Iran peace agreement can have positive impact on oil prices – Kamil. The memorandum of understanding (MoU) for a peace agreement between the US and Iran is set to have a positive impact on national oil prices; however, the recovery period for oil supply is expected to take time.

  • US-Iran peace agreement may positively affect oil prices
  • Oil supply recovery is expected to take time

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