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Stock impact report

Oil Rally Hits Brakes But Trump's Iran Focus Looms Over Market [Yahoo! Finance]

ING Group, N.V. (ING) 
US:NYSE Investor Relations: ing.com/investor-relations.htm
Company Research Source: Yahoo! Finance
Brent fell below $70 a barrel on Friday after climbing above that level in the previous session for the first time since July, while West Texas Intermediate slid toward $64. Equities dropped in Asia, while the dollar strengthened, making commodities priced in the currency less attractive for many buyers. Most Read from Bloomberg ICE Begins Buying ‘Mega' Warehouse Detention Centers Across US Manchester Shows What UK Economic Revival Can Look Like London's Vanishing Office Buildings Are Being Replaced by Hotels Wealth Tax Would Cause California's Rich to Flee, Newsom Warns LA Council Sends Mansion Tax Changes Back, Dimming Prospects “Given Trump's recent rhetoric, one would have to be fairly brave to head into the weekend short the market,” said Warren Patterson, head of commodities strategy at ING Groep NV in Singapore, referring to Iran. Brent is set for the biggest monthly gain since 2022 on Trump's continued Iran focus, despite widespread expectations swelling suppl Show less Read more
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