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14.07.26 - 09:00
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Oil prices rise over 2% after Middle East strikes; China′s exports surge on back of AI boom – business live (The Guardian)
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Brent crude rises over $85 a barrel after US carries out third night of strikes against IranGood morning, and welcome to our rolling coverage of business, the financial markets and the world economy.Oil prices rose more than 2% after the conflict in the Middle East worsened, with the US carrying out a third consecutive night of strikes against Iran. Two tankers came under fire in the strait of Hormuz.Stasis has taken over markets as investors wait for the latest twist in the Iran conflict and brace for higher energy prices to filter through to economies. Brent crude has surged even higher, topping $84 a barrel, while European gas prices have shot up to levels not seen in three months.Continued export strength, mostly driven by AI, points to a better second half, coupled with a more expansionary policy mix, accelerated fiscal spending and mild monetary easing, as well as a de-escalation of the situation in the Middle East, which will benefit China through lower oil prices.But domestic demand remains a d...
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13.07.26 - 14:12
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Middle East Tensions Roil Market Sentiment (AFX)
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CANBERA (dpa-AFX) - The escalation in hostilities between the U.S. and Iran has rattled sentiment in global markets at the onset of the new week. The looming start of the earnings season in the U.......
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13.07.26 - 07:42
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Golfstaaten melden Beschuss aus dem Iran (DPA-AFX)
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TEHERAN (dpa-AFX) - Nach der wiederholten Eskalation im Iran-Krieg haben Staaten am Persischen Golf erneut Raketenbeschuss gemeldet. Bahrain und Kuwait, die zuletzt im Zentrum iranischer Vergeltungsangriffe standen, lösten in der Nacht Alarm aus und bekämpften ......
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