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War & Conflict10d 2h ago
Brent crude futures dived below US$80, reaching their lowest point since the start of the US-Iran conflict in March.
Singapore
Who
US, Iran, Kevin Warsh, Kim Fustier, Xiao Cui
What
Brent crude futures dived below US$80, reaching their lowest point since the start of the US-Iran conflict in March.
When
Wed, 17 Jun 2026 02:51:00 GMT · 10d 2h ago
Where
Singapore ·
Why
The US announced it would waive sanctions on Iranian oil as part of a deal to end the war, potentially adding millions of barrels to global supply.
The Frontline Impact
How this affects you
The prospect of increased Iranian oil supply led to a drop in crude prices, offering inflation relief and pushing down bond yields in various countries, with a significant impact on global financial markets, while anticipation surrounding the Federal Reserve meeting kept stocks and currencies largely stable.
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