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Bloomberg Television

Oil markets react to Israel’s response on Iran πŸ™€

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first of the oil markets down by over 6% this morning as the world begins to try and understand Israel’s response on Iran they didn’t go after oil they didn’t go after uh nuclear infrastructure and to that end the body of thinking is that it’s deescalate that is a very expensive assumption at this stage in the scenario City however marked down the price of Brent in 12 months uh to $60 when it comes to calibrating the response look at Boeing they’ve gone after a $19 billion share sale $5 billion of deposit receipt caliop really bolstering the uh balance sheet at Boeing against this ongoing strike uh how much more does he need to do to shift the structure of Boeing when it comes to calibrating the response the forite from Madison Square Garden last night where a comedian passed a joke about a floating island of garbage talking about Puerto Rico there are 600,000 Latino voters in Pennsylvania more than 300,000 of them are from Puerto Rico the push back is strong

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