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Markets bracing for $US100 oil if US-Iran hostilities persist | Finance Report | ABC NEWS

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Brent crude could surge above $US100 per barrel in two weeks if the US continues its blockade of Iranian waters, according to Commonwealth Bank’s commodities analysts.
BHP weighed on the Australian share market after the mining giant warned investors of its copper output may fall significantly in the year ahead.
Presented by David Chau.
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