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Market Impact: 0.7
Will There Be Panic Before The Midterms
Source: seekingalpha.com
Geopolitics & WarEnergy Markets & PricesCommodities & Raw MaterialsMonetary Policy
Closure of the Strait of Hormuz amid the US-Iran conflict is pushing oil prices higher and raising broader market-stability concerns. The US Strategic Petroleum Reserve is nearing its emergency threshold, reducing capacity to offset additional oil price shocks. Overall, the risk-off impulse is likely to be meaningful for energy-sensitive assets.
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