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Gold Stabilizes as Markets Weigh Inflation and Middle East Turmoil

Key Points: Gold traded mostly flat after erasing small early morning losses. Recent US inflation data makes a quick interest rate cut less likely. The war between the US, Israel, and Iran pushed Brent crude oil above 100 dollars. Financial experts predict emerging markets will buy more gold to avoid US sanctions. Gold prices bounced...

Trump Administration Launches Broad Trade Probe Targeting 16 Economies

Key Points: The U.S. Trade Representative initiated a major investigation into 16 trading partners, including China, Japan, and the EU. This move uses Section 301 of the Trade Act of 1974 to identify and address "unfair" trade practices. The investigation seeks to uncover evidence of structural excess capacity and persistent trade surpluses. The administration launched...

Oil Soars Past $91: How an Iran War Could Push Crude to $200

Key Points: Crude oil futures spiked over 4 percent as Middle East tensions exploded. A direct war involving Iran threatens to shut down the Strait of Hormuz. Closing this waterway traps millions of barrels and neutralizes global backup supplies. Refineries face severe crude shortages, pushing diesel prices up by 7 percent. Oil markets jumped wildly...