Peace talks between the US and Iran collapsed Crude oil prices surged 7-8% following the news, as the US blockade aims to cut off Iran’s oil exports of about 1 million barrels per day. European equities plunged, with the STOXX 600 falling 0.7%, reflecting a widespread “risk-off” sentiment DXY eyes a retest of 99.50 The […]The post Crude Surges 8%, DXY Jumps as US Naval Blockade Targets Iranian Oil Exports appeared first on ActionForex.