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Where Oil Prices May Go Next, Based on a History of Middle East Conflicts

Summary by CNBC
The initial moves in oil markets already puts this week's developments on par with the average event since the 1980s, according to a TD Securities strategist.

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MADRID, 13 (EUROPA PRESS) Funcas has warned this Friday that if the conflict in the Middle East persists and oil continues to press upwards, the overall annual average rate of inflation would be 2.8% this year compared to 2.4% in the central scenario. In the central scenario of its forecasts, with a surge of [...] The Funcas entry warns that average inflation could rise to 2.8% due to the conflict in the Middle East and crude oil appears first i…

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Forbes España broke the news in on Friday, June 13, 2025.
Sources are mostly out of (0)