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GEOPOLITICS | Oil Holds Near Mid-June High as Conflict Weighs on Stocks, Bonds

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2026-07-20 22:22:10
Oil held near its highest close since mid-June, weighing on stocks and bonds as an escalation in Middle East hostilities outweighed efforts to bring about a pause in the war, according to Bloomberg.

The move kept pressure on risk assets as traders monitored the conflict's impact on markets.
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