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Macro Finance

Oil Climbs on Middle East Tensions, Dollar Gains: Markets Wrap

Bloomberg Markets·July 19, 2026·1 min read

Oil climbed to its highest level in over a month and the dollar strengthened after US and Iranian attacks escalated over the weekend. The geopolitical tensions added pressure on Asian markets already rattled by a slump in chip stocks, driving a broad market shift.

Read at Bloomberg Markets
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