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Market Impact: 0.35
Pump prices creep higher as fighting escalates in Middle East
Source: The Globe and Mail
Energy Markets & PricesGeopolitics & WarConsumer Demand & Retail
Fuel prices are not expected to follow their typical seasonal decline, as geopolitical tensions are lifting crude oil prices. The outlook implies continued pressure on motorists' fuel costs and potentially broader consumer spending.
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moderately negative
Sentiment Score
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