Iran’s Qalibaf: If Iran cannot sell its oil, no one can

Iran's parliament speaker Mohammad Bagher Qalibaf says during the European trading session on Tuesday that no one in the region shall sell its oil if Iran cannot sell its oil, according to state media, Reuters report. Qalibaf added, “If Iran has no security, then no regional infrastructure shall be safe.”


Italy Industrial Sales n.s.a. (YoY) registered at 4.8% above expectations (0%) in July

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Gold: Downside risks with key supports in focus – OCBC

Christopher Wong at OCBC notes Gold has extended its decline to a seven-week low, pressured by higher Oil prices, firm US Treasury yields and a stronger Dollar. The break below $4,200 has intensified technical selling, with near-term direction tied to Oil and rates.
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