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Iraq United States Political Risk and Trade

Rocket attack in Baghdad hits tanker shares

News of the attack reversed earlier gains across the market as US stocks rose on Wednesday morning following remarks by Iranian officials and President Trump suggesting both countries hope to de-escalate tensions in the Middle East

  • Analysis

The rocket attack that unsettled the New York Stock Exchange on Wednesday clearly indicates that hostilities between the US and Iran are hardly over. Investors had no doubt of that, and the adverse effects on tanker shares showed it 

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This copy is for your personal, non-commercial use. For high-quality copies or electronic reprints for distribution to colleagues or customers, please call UK support at +44 (0)20 3377 3996 / APAC support at +65 6508 2430

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