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Oil Holds Decline as US Push for Gaza Cease-Fire Gains Momentum

(Bloomberg) -- Oil held the biggest drop in more than two weeks as the US said Israel had accepted a cease-fire proposal to halt the war in Gaza, potentially easing supply risks just as concerns about the outlook for demand mount.Most Read from BloombergA Floating Island in Baltimore Raises Hope for a Waterfront Revival‘Train Lovers’ Organize to Support Harris and Walz in Presidential BidPart of Downtown Montreal Is Flooded After Water Pipe BreaksThe Cross-Continental Race Using Only Public Tran

Nutrien Stock (NYSE:NTR): “Dirt” Cheap Following 60% Collapse

Nutrien (NTR) (TSE:NTR), the world’s largest potash producer and crop nutrient company, has seen its stock crushed, falling 60% since its peak in 2022, as you can see below. Nutrien’s customers (farmers) are having a difficult time. While the price of inputs like fuel and labor have remained high, the price of their outputs, like corn and soybeans, have fallen. Nutrien has not been immune, with the price of the fertilizers it sells, like potash, falling lower. However, we may see a rebound in 20