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Market Impact: 0.7
Morning Bid: Take a hike
Source: reuters.com
Geopolitics & WarEnergy Markets & PricesCommodities & Raw MaterialsTransportation & Logistics
Crude oil prices rose back above $100 per barrel for the first time since July as expectations for a rapid resolution to the U.S.-Iran conflict faded. Tit-for-tat strikes, renewed threats to Red Sea shipping, and President Trump's indication that the war could last through November raise risks of sustained supply disruption and higher energy costs.
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mildly negative
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