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Markets Whiplash as Oil Surges and War Headlines Shift

Mike Armstrong and Paul Lane break down the wild market swings triggered by the escalating conflict with Iran, including oil prices briefly spiking above $115 per barrel before plunging and sending stocks from steep overnight losses to gains by the end of the trading day. They discuss why markets appear to be betting on a short conflict, how geopolitical headlines are driving volatility, and why investors still seem uncertain about how the situation will ultimately unfold.

They also explore the global economic risks of a prolonged oil shock, including the vulnerability of Europe and Asia to…

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