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Global Markets: Iran vows to maintain oil exports

By Commodity News Service Canada

WINNIPEG, Nov. 19 (CNS Canada) – The following is a glance at the news moving markets in Canada and globally.

– Iranian President Hassan Rouhani said in a speech Monday that the country will continue to export oil despite sanctions put on by the United States. He described the U.S. measures as “psychological war.”

– United Kingdom Prime Minister Theresa May is facing some challenges as she works to move a tentative Brexit deal through Parliament. European Union leaders say the draft could not be renegotiated, while both pro- and anti-Brexit politicians in the UK have expressed problems with the deal.

– Striking Canada Post employees continued with rotating job action on Monday after rejecting the latest offer over the weekend. A request for a mediator has been made, as mail backs up across the country and the busy Christmas season approaches.

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