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Oil prices hold despite rising Gulf tensions
7 minutes
Posted Jun 28, 2026 at 7:35 pm.
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Tensions turn up in Persian Gulf. China industry profits rise. EU inflation expectations ease. BIS worried. US trade deficit swells. Aussie housing market cools.
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Hormuz still fragile, but inflation returns as the next big issue
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Despite the US-Iran clash, the global economy is resilient
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