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Oil Prices Plunge 6% as US-Iran Tensions Ease, Boosting Stocks

Yahoo Finance Read original source (opens in a new tab)
The Story

News Summary

  • Oil prices fell sharply as Iran and US pause hostilities, easing supply fears.
  • Lower oil reduces bond yield pressure, potentially easing Fed rate hike concerns and supporting equities.
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BRENT price history

104.07 +59.52% over the displayed period

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