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Markets1h 45m ago

Brent crude has climbed above $85 amid renewed US-Iran tensions, but global markets remain resilient as investors bet on the "TACO Trade".

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Global

Who
Donald Trump
What
Brent crude has climbed above $85 amid renewed US-Iran tensions, but global markets remain resilient as investors bet on the "TACO Trade".
When
Wed, 15 Jul 2026 10:26:28 GMT · 1h 45m ago
Where
Global ·
Why
Investors are betting that Donald Trump will ultimately avoid prolonged escalation of US-Iran tensions.
The Frontline Impact

How this affects you

Global markets are showing resilience despite rising oil prices due to geopolitical tensions. The market sentiment is influenced by the expectation that the situation will not escalate significantly.

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