Five reasons oil prices failed to soar on US-Iran tensions
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Article by:
David Sheppard, Financial Times
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Date Published:
January 08, 2020
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Who was cited:
Iman Nasseri, Managing Director - Middle East FGE
Oil prices jumped 5 per cent after Iran launched strikes against US military bases in Iraq in retaliation for the killing of commander Qassem Soleimani. But by Wednesday afternoon gains in crude had reversed, with prices trading lower than before the Iranian general’s assassination.
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