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Oil prices drop following Trump's Iran comments, US stocks rise
Oil prices initially rose after Iran's supreme leader Ali Khamenei rejected US President Donald Trump's demand for an "unconditional surrender", adding to sharp gains made the previous day. Six days into the conflict, Khamenei warned the United States would face "irreparable damage" if it intervenes in support of Israel.
"Historically, Oil price shocks are reflected in headline CPI inflation within a quarter. World Bank estimates suggest that a ...
Although the U.S. is a net oil exporter, higher oil prices could increase inflation and lower economic growth.
3don MSN
Despite not relying on Iran for its oil supplies, petrol and other prices in Australia will rise due to the global impact of ...
This surge reflects the market's concerns regarding the disruption of oil supplies from the Persian Gulf region. The Strait ...
16hon MSN
Crude oil's surge to $74 is impacting India's economy, raising concerns about inflation and industry costs. Geopolitical ...
That sent the yield on the 10-year Treasury up to 4.43% from 4.36% late Thursday. Higher yields can tug down on prices for ...
That sent the yield on the 10-year Treasury up to 4.41% from 4.36% late Thursday. Higher yields can tug down on prices for ...
New West Asia conflict may impact India. Limited direct trade impact is expected. Higher oil prices are a major concern for ...
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