Watch out for oil's disappearing disinflationary drag | Reuters
Reuters: Oil prices have been a consistent disinflationary force for the U.S. and global economies since mid-2024. That may be about to change.
Fueled by signs of a solid upturn in economic activity at the start of the year and bubbling U.S.-Iran tensions that could spark military conflict, Brent and West Texas Intermediate crude oil futures are the highest in nearly seven months.
References
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