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On 18 August 2026, oil prices rose to a near three-week high as hopes of a US-Iran peace deal faded. The US-Iran ceasefire expired, and the waning peace hopes raised worries about oil supply.
Bond yields jumped, gold slipped and US stock-index futures fell as yields and oil prices rose. The US dollar was feeble as bets on a rate hike dwindled and worries about the Iran war grew.
by WorldBrief & Maksim Micheliov | AI-generated summary
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