Geopolitics Prime

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๐Ÿ“ˆ๐Ÿ›ข Oil futures spike after Iran says it will retain nuclear material Brent rose by 1.4% to $92.76, while WTI crude jumped to $86.53, after Iranian security chief Mohsen Rezaei said that not a single particle of enriched nuclear material would leave the country. ๐Ÿ—ฃ โ€œWe need the enriched material to design ships and submarines that run on nuclear energy,โ€ Rezaei said. Previously, oil prices fell by more than $3 after US officials played down the need for additional strikes on Iran. Brent and WTI prices have fallen by about 21% and 17%, respectively, since the start of the month amid hopes of an end to the war. ๐Ÿ‘ Substack | Chat | @geopolitics_prime

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