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30.07.26 - 15:00
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Only the Middle East crisis is preventing a drop in UK interest rates (The Guardian)
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Bank's wariness about inflationary pressures from the conflict lie behind decision to hold steady at 3.75%Business live – latest updatesThere is a threat of high inflation coming to the UK, but only from the conflict in the Middle East which could keep oil prices high for much longer than was expected when Donald Trump first began attacking Iran.It is the war that makes the difference between a benign outlook for inflation and one that puts it back on a rising trajectory, top UK central bankers believe. Continue reading......
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29.07.26 - 17:48
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Oil prices jump over 7% as Middle East chaos flares up, brent crude back at $90 per barrel (Times of India)
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Oil prices surged over seven percent on Wednesday amid renewed Middle East military actions. This rally was also supported by industry data showing a drawdown in US crude inventories. Renewed strikes involving the United States and Iran-backed groups reignited supply concerns. Disruptions continued to affect shipping through the Strait of Hormuz and Bab el-Mandeb. Analysts expect oil prices to remain volatile in the near term due to ongoing conflict....
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29.07.26 - 13:30
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US, Iran Resume Attacks In Middle East (AFX)
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JERUSALEM (dpa-AFX) - With Saudi forces for the first time joining their American counterparts in attacking Iranian-linked targets in Iraq, and Iran carrying out a 'surprise attack' at U.S. forces......
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