Iranian supply prospects weigh

By: Miguel A. Rodriguez

10:41, 19 May 2021

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US Dollar slumps to multi-month lows as expectations of flat rates cement.
  • #Oil settled lower, tumbling from a two-month high after media reports said the United States and Iran have made progress on reviving a deal restricting the OPEC country's nuclear weapons development.
  • The dollar sank to a six-year trough against the Canadian dollar and teetered near multi-month lows versus other majors, as Treasury yields stalled.
  • Bitcoin's carbon footprint has become an international debate since Tesla boss Elon Musk abruptly stopped accepting bitcoin as a payment for the company’s cars.

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