Iran, Israel and Oil
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Oil prices are just starting to gush higher. Last trading at $64.85, oil could rally back to $70 with growing optimism over US-China trade talks. In fact, if a deal can be reached, there’s hope it will boost the global economic outlook and fuel demand.
Oil prices leaped, and stocks slumped on worries that escalating violence following Israel’s attack on Iranian nuclear and military targets could damage the flow of crude around the world, along with the global economy.
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Stocks may snap longest winning streak in 20 years as futures dip while OPEC+ crushes oil pricesCrude oil prices tumbled after OPEC+ agreed to expand production further. U.S. stock market futures dipped Sunday night, putting the S&P 500's winning streak at risk after the broad market index ...
Stocks Surge And Bond Yields Fall For 6th Day, Oil Prices Drop To $60: ... putting it on track for a sixth consecutive gain—its longest winning streak since November 2024.