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Oil hovers near $95 as US and Iran exchange fresh strikes; Trump says he 'couldn't care less' about Strait of Hormuz agreement
The latest escalation in the Middle East conflict, with fresh strikes exchanged between the US and Iran, is putting further pressure on bond yields and extending a rout in sovereign debt in early European trade. Brent crude extended gains, with oil hovering around $95 a barrel. President Trump also stated on Truth Social that he 'couldn’t care less' if Tehran signs an agreement to reopen the Strait of Hormuz.
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