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TSX:9107 1 March 2026

Oil prices brace for a volatile week after Iran strikes: Hormuz disruption and OPEC+ output move in focus

Oil prices brace for a volatile week after Iran strikes: Hormuz disruption and OPEC+ output move in focus

OPEC+ agreed to raise oil output by 206,000 barrels per day as tanker operators paused or rerouted shipments after Iran warned the Strait of Hormuz was closed. Major Japanese shipping lines halted transits in the area. Oil markets are closed until Monday, when traders expect sharp price moves. No confirmed damage to infrastructure, but tanker rates have surged.
1 March 2026
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Stock Market Today

  • Lynas Rare Earths Seen Trading at Discount Despite 60% Year-to-Date Rally
    March 21, 2026, 6:47 PM EDT. Lynas Rare Earths (ASX:LYC) has surged nearly 60% year to date, sparking debate on whether the stock price at A$19.54 still offers value. The rare earths miner posted a 25.2% return over the past month and has gained over 200% in three years. Despite recent volatility, a Discounted Cash Flow (DCF) analysis estimates Lynas' intrinsic value at A$23.77 per share, indicating a 17.8% discount to the current price. This suggests the stock may still be undervalued amid growing demand for rare earth elements. However, Lynas scores only 2 out of 6 on valuation checks, underscoring lingering risks. Investors are advised to consider both the growth potential and valuation nuances before jumping in.
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