Oil Prices Fall Toward Three-Month Lows on China, Iran and Greece Worries
Oil prices fell toward three-month lows Monday on worries about China's stock markets, a new flood of Iranian oil and the debt saga in Greece. Chinese stock markets have plunged in recent weeks, a pessimistic sign for demand in the world's second-largest oil consumer. A nuclear deal with Iran is also pushing forward, amid signs Iran wants to export even more crude that previously expected. And a "no" vote in Greece's referendum on Sunday has also pushed investors into the dollar, which typically pushes/ The slate of concerns comes at just ...
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