Oil Drops on Latest Iranian Proposal, Apple Rises on Earnings Beat cover art

Oil Drops on Latest Iranian Proposal, Apple Rises on Earnings Beat

Oil Drops on Latest Iranian Proposal, Apple Rises on Earnings Beat

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Summary

Oil is slightly lower this morning after Iranian negotiators submitted a new proposal to mediators in Pakistan, although no further details were provided. Elsewhere Apple stock is up on better than expected earnings on strong iPhone sales and prospects for higher prices due to the ongoing memory shortage.

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In the spirit of reconciliation, Audible acknowledges the Traditional Custodians of country throughout Australia and their connections to land, sea and community. We pay our respect to their elders past and present and extend that respect to all Aboriginal and Torres Strait Islander peoples today.