Comments from U.S. President Donald Trump that eased concerns about a prolonged Middle East war coincided with a slump in crude oil and a decline in crop prices. The remarks reduced geopolitical risk and pushed markets toward risk-on positioning, alleviating some commodity-driven price pressure for energy and agricultural sectors.
Comments from U.S. President Donald Trump that eased concerns about a prolonged Middle East war coincided with a slump in crude oil and a decline in crop prices. The remarks reduced geopolitical risk and pushed markets toward risk-on positioning, alleviating some commodity-driven price pressure for energy and agricultural sectors.
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