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Investors Brace for Impact as Crude Markets React to Rising War Risks

From oilprice.com

A twin crisis is unfolding for the administration as the Ukrainian military bombs key crude refineries deep within Russian territory with suicide drones. The administration has pleaded with the Ukranians to halt strikes on Russian energy infrastructure as this will only contribute to tightening global supplies and push energy prices higher, as well as inflation in the US, hurting Biden's re-election odds. Now for the other crisis that's unfolding in the Middle East: US Vice President Kamala Harris told ABC's "This Week" that a major attack on the Gazan city of Rafah, where more than a million Palestinians have ... (full story)

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  • Category: Fundamental Analysis