Oil, gas and mining

Oil, Gold Rise As U.S.-Iran Tensions Flare Up

The fallout of the killing of Iranian General Qassem Soleimani by the U.S. has widened. Iran has abandoned the 2015 nuclear deal and said that there will now be no limit on uranium enrichment in the country. Iraq on the other hand has voted for a resolution demanding withdrawal of U.S. troops from the country. The resultant impact is on asset classes like oil & gold. Oil prices are near an eight month high while gold prices are near its highest level since 2013. XM CEO Peter McGuire discusses the implications of all this.
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