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The Commodities Feed: Oil shrugs off Bessent’s ‘D-day’ plan for Iran
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https://think.ing.com/articles/the-commodities-feed-oil-market-shrugs-off-bessents-economic-d-day-plan-for-iran250826/
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The desk argues that oil's rally on US-Iran deadlock has limited FX spillover but supports commodity currencies. The source notes geopolitical premium is driving crude, yet no explicit FX pair is cited. Consensus sees CAD and NOK benefiting marginally, but the lack of a direct currency call leaves positioning neutral. No high-impact events loom in the next 30 days for oil-linked FX.