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Commodities· August 08, 2026 at 12:01 AM
ELAM: Let’s make deal – not
Authored by·Editorially reviewed
Onur Erkan YıldızFounder, Financial Engineer · CMB-licensed
Higher education in Financial Engineering and Money & Capital Markets. SPK (Turkey CMB) licence. 16 years across institutional markets, research, and quant-driven analytics.
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AI summary
Trump’s energy frustrations are not liable to be resolved this year. Tuesday, Trump told Fox News that the U.S. and Iran were close to a deal to open the Strait of Hormuz. He then leaped to the conclusion that would lower the price of gasoline from the current nationwide price of $4.06 to $2.50. Anyone with that much of a misunderstanding of the worldwide supply chain from crude oil to ...
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