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Investor and co-founder of Echelon Wealth Partners, Peter Schiff, thinks that the current oil prices may not return to pre-Iran war levels any time soon amid escalating tensions between Washington and Tehran.
Trump Could Decide To Break Deal
In a post on the social media platform X on Wednesday, Schiff said that commodities like gold, as well as bonds and stocks, were up, but “oil and the dollar” were down. Schiff outlined that the movement was due to “renewed hopes that the beginning of the war with Iran will soon end.”
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