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01 Apr, 2020
Oil Prices Stabilize As Tensions Deescalate
Oil prices fell on Wednesday as President Donald Trump announced that tensions with Iran subsided.The markets stabilized as the initial news of the Iranian crisis led investors to believe Iran would retaliate."Iran appears to be standing down, ..
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Nike Will Not Supply Iran's Soccer Team Ahead of World Cup
One week out from the World Cup and international tensions are rising as Nike Inc (NYSE: NKE), an American sportswear giant, said their cleats won’t be provided for the Iranian National team following the Trump administration’s plan to r..
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Boeing, Airbus to Lose $40 Billion After Trump Leaves Iran Deal
President Donald Trump announced on Tuesday his decision to withdraw the U.S. from the Iranian nuclear deal. The withdrawal impacts oil stocks and defense contractors, like Boeing Co. (NYSE: BA) and Airbus SE who have deals within the nation.Trump&r..
Most Powerful Year Opening for Oil Since 2014
Tuesday witnessed oil prices posting their best year opening since 2014. The price of crude rose to significant highs in the midst of large Iranian anti-government rallies and consistent supply cuts initiated by Russia and OPEC.American WTI (West Te..
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