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Oil Spikes Above $90 on US Strikes in Iran as Wall Street Drops

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

News Summary

  • US equity indexes fell as geopolitical tensions flared following US military strikes on Iranian targets.
  • Crude oil surged over 5%, pushing WTI past $90 and Brent above $95, while rising bond yields and softening economic data added downward pressure on stocks.
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