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The Nexus
BUSINESSJun 16 · 06:15 UTCTHE RIO TIMESDiego Fernández

LatAm Pre-Open: A US-Iran Peace Deal Sinks Oil and Hammers Petrobras

A US-Iran peace deal framework caused oil prices to drop to their lowest since the conflict began, negatively impacting Petrobras. The development was positive globally but harmful to the oil market.

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