NEC Director Hassett: If Iran retaliates, there will be a lot of oil reserves
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币界网报道：If Iran retaliates, there will be a lot of excess oil on the market. Oil prices are currently down, with the August contract down -$0.56 to $73.36. Prices are testing the 100 hour moving average at $73.43. Very likely this great bill will be signed before July 4th, everyone needs to agree. Expect a final deal by the end of this week and then pass both houses before July 4th. Very confident this process is going very harmoniously. Fed's Waller and US President Trump are right about interest rates, inflation is at a 4-year low, there is no reason for the Fed not to cut rates now.
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