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Asian equities rally on lower oil prices and hopes for Strait of Hormuz stability
Poslovni DnevnikLO·IR · OM·1 day ago
Bank of America analysts argue that markets are underpricing geopolitical risks, specifically citing potential disruptions to the Strait of Hormuz and escalating US-Iran tensions. The firm forecasts a decline in European equities by Q4 and warns that sustained regional instability could drive oil prices above $100 per barrel.
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