Bloomberg·1 min read·medium
Oil Climbs, US Futures Dip on Fresh Iran Strikes: Markets Wrap - Bloomberg.com
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Anand Krishnamoorthy
✦AI Summary
Oil prices rose and US Treasury bonds declined following new US military strikes against Iran. Investors are concerned that the escalating geopolitical tension could lead to higher energy costs and sustained inflation.
Oil rose and Treasuries fell after the US launched another round of strikes against Iran, reviving concern that higher energy prices will keep inflation elevated and interest rates higher for longer.…
businesseconomyworld
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