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Commodities

Dow Tumbles as Oil Prices Soar Amid Middle East Uncertainty

Guavy AI Editorial Team
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Oil
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The Dow Jones Industrial Average declined by 1.2% on Tuesday as rising oil prices and renewed focus on geopolitical risks weighed on investor sentiment.

Investors were also awaiting key inflation data, with producer price readings scheduled for Thursday and consumer price data on Friday.

Oil prices moved higher due to continued uncertainty in the Middle East and new Canadian retaliatory tariffs on US products.

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