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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

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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