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Hope Fades, Traders Brace for Extended Oil, LNG Squeeze

For most of the past six months, traders active on the commodity futures markets have been mostly optimistic. They have taken every statement by President Donald Trump about peace talks or victory…

  • Pessimism rises among commodity traders on oil and LNG markets
  • Iran resists peace talks, Strait of Hormuz traffic at 11% of pre-war levels
  • IEA forecasts global oil supply shortfall, deepening energy crisis

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