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Brent crude rises to $93/barrel after Donald Trump vows maximum economic pressure on Iran
Brent crude futures rose to about $93 a barrel after President Donald Trump vowed to exert maximum economic pressure on Iran. Donald Trump did not specify how these measures would be implemented. Meanwhile, US government bond yields have stabilized from multi-year highs after intervention by Scott Bessent, but it remains questionable whether borrowing costs can be curbed in the long term. In addition, stock index futures are directionless ahead of earnings reports from Alibaba, Walmart, and Deere & Co.
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