US urges allies to “take” oil routes as Iran tensions reshape global supply risks
Commodities
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Threats to Iran’s oil and key shipping routes push crude toward $150 risk zone
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Tehran lets Pakistani ships pass, hinting at fragile progress as oil markets and global trade remain on edge
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Moscow halts gasoline exports from April as Middle East tensions amplify supply risks and price volatility
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Investors no longer react to headlines as oil shock and policy uncertainty override political signaling.
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Rare agreement offers relief for Asian energy flows—but highlights fragmented control of global oil chokepoint.
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Remark underscores geopolitical stakes as Hormuz disruption reshapes global energy markets and investor sentiment.
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Crude climbs above $106 as diplomatic confusion fuels supply fears and inflation risks.
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Futures & Commodities
Gold Falls as Ceasefire Hopes Clash With Rate Fears
by Daphne Dougnby Daphne DougnBullion slips as oil-driven inflation dims rate-cut outlook despite ongoing geopolitical tensions.
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Putin reports GDP down 2.1% despite low unemployment, highlighting fragile balance amid global energy volatility.