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Commodities

Oil Prices Plunge to $82 Amid Shift in US Priorities

Guavy AI Editorial Team
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Oil
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WTI crude oil prices dropped to $82 due to the US focusing on economic pressures against Iran rather than missile attacks.

This decline in oil prices boosted the three major US stock indices in early trading, with investors also eyeing upcoming earnings reports from Nvidia and Intuit.

Nvidia is projected to generate $91 billion in Q2 revenue, driven by strong Data Center growth, but this excludes China revenue which limits upside potential.

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