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US Market Updates

Oil Holds Near Seven-month Highs Amid Middle East Tensions

By RTTNews Staff Writer   ✉   | Published:   | Follow Us On Google News

Oil prices held steady near seven-month highs on Tuesday ahead of a fresh round of U.S.-Iran nuclear talks later in the week.

Benchmark Brent crude futures edged up by 0.2 percent to $71.26 a barrel while WTI crude futures were up 0.2 percent at $66.47.

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Market Analysis

Global Economics Weekly Update - April 27 – May 01, 2026

May 01, 2026 15:54 ET
Central banks dominated the economics news flow this week with almost all major ones announcing their latest policy decisions and many boosted expectations for a rate hike in June. In other news, several countries released the preliminary data for first quarter economic growth. In the U.S., comments by Fed Chair Jerome Powell were also in focus as his term ends this month.

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