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Quartz·2 min read·medium

Oil at $95, rate hike odds at 69% for September, and Alphabet reports tonight

Cris Tolomia
AI Summary

Global oil prices rose to $95 per barrel following ongoing U.S. strikes against Iran, while market expectations for a September interest rate hike increased to 69%. Meanwhile, investors are awaiting Alphabet's upcoming earnings report.

Brent crude briefly topped $95 a barrel Wednesday after an 11th consecutive night of U.S. strikes against Iran, with Fed rate hike odds climbing

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