US EditionRBC: Iran Conflict Could Prolong ‘Well Into Spring’, Pushing Oil Above 2022 Highs
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RBC: Iran conflict could prolong ‘well into spring’, pushing oil above 2022 highs
(Investing) – The war between Iran and the United States could last far longer than policymakers anticipated, raising the likelihood of oil prices breaking past previous crisis peaks, according to RBC Capital. Helima Croft, RBC’s head of global commodity strategy, wrote that conversations in Washington have prompted the bank to revise its expectations for both the duration of the conflict and its market impact. “A number of experts have suggested
Asian Stocks Head For Weekly Loss As Iran Conflict Drives Oil Higher
Asian equities declined on Friday and remained on track for a second consecutive weekly loss as the ongoing conflict involving Iran continued to push oil prices higher and unsettle global financial markets. Investor optimism over a possible resolution to the conflict has weakened in recent days, leaving markets increasingly concerned about the potential economic consequences […] The post Asian Stocks Head for Weekly Loss as Iran Conflict Drives …
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