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TACO (or Whatever It Was) Sends Oil Lower — Iran Keeps Choking Hormuz

Wild moves yesterday.

Brent crude traded to a high of $114. 43/b and a low of $96.

0/b and closed at $99.

94/b yesterday.

US – Iran negotiations ongoing or not.

What a day.

Donald Trump announced that good talks were ongoing between Iran and the US and that the 48 hour deadline before bombing Iranian power plants and energy.

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