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Middle East strikes heighten global market tensions as oil prices surge
As tensions rise in the Middle East, global markets are feeling the strain. Read more to find out how stock markets, oil prices, and the South African rand are responding to the latest developments.
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iol.co.za
Middle East tensions add fresh uncertainty to economic outlook
A renewed flare-up in the Middle East has pushed oil prices higher, introducing fresh risks to South Africa’s inflation and interest rate outlook.
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Middle East tensions could push fuel prices and interest rates higher in South Africa
Investment experts warned that renewed tensions in the Middle East could push up fuel prices, weaken the rand and increase the likelihood of another interest rate hike, placing…
