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Gas prices hit a 4-year high as Iran and the US seem no closer to a peace deal, and Iran is struggling to find somewhere to store its oil as the US blockade in the Strait of Hormuz continues to work. The UAE announced they were leaving OPEC so they can produce more oil, consumer confidence unexpectedly jumped to a 6-month high, and home price growth fell to an almost three-year low.
By Wilmington MortgageGas prices hit a 4-year high as Iran and the US seem no closer to a peace deal, and Iran is struggling to find somewhere to store its oil as the US blockade in the Strait of Hormuz continues to work. The UAE announced they were leaving OPEC so they can produce more oil, consumer confidence unexpectedly jumped to a 6-month high, and home price growth fell to an almost three-year low.