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Why Oil 777彩票地址’ Response to Latest Mideast Trouble Is Different This Time

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There was no question that oil prices would rally after the United States assassinated top Iranian military commander Qassem Soleimani on Thursday night. Any conflict in the Middle East is bound to shock oil markets higher, because it threatens to destabilize the center of the global oil market.

But the size of the rally and its impact on particular stocks are unique to this conflict and the recent history of oil price movements. Brent crude futures rose 3.8% to $68.84 a barrel in Friday morning trading, and futures on West...

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