Market Notes

Iran Missiles, Tanker Strikes Send Oil Higher — Futures Try to Shake Off the Fed Rout

· 2 min read · by James Carter, Nova Ventures Research

Iran's IRGC fired missiles at U.S. forces overnight (intercepted), prompting U.S.-Saudi strikes on Iraqi militias and tanker hits in the Strait of Hormuz, sending crude sharply higher. It follows Wednesday's Fed-day selloff, with futures bouncing into Core PCE, GDP, jobless claims, and Apple/Amazon

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