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Commodities

Some Japanese refiners are seeking faster US crude deliveries after Iran war disruptions by using smaller ships that can transit the Panama Canal instead of sailing around Africa, Bloomberg reports

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Three mid-sized tankers are due to deliver US oil to Japan from late April through May, with two already in the Pacific and a third nearing the canal.

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Geopolitics

Gulf official tells CNN “50:50” chance US and Iran could reach deal by Friday, CNN reports; Iranian delegation does not include IRGC, which would need to sign off on details of provisional agreement

Geopolitics

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