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Iron Ore Bans Lifted, US Blockades Iran, and India’s 92% Monsoon Alert
Description
Emily Costa breaks down a pivotal day in global trade as China ends its months-long standoff with BHP, the U.S. military enforces a blockade on Iranian ports, and India warns of its lowest monsoon rainfall in three decades. We explore why oil prices are easing despite Middle East turmoil, the logistical bottlenecks hitting Brazilian soybeans and coffee, and Japan’s record-breaking drop in carbon emissions.
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