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Wall Street in Wait and See Mode as Middle East Crisis Goes On

(Bloomberg) Even as the conflict in the Middle East threatens to escalate, Wall Street traders remain squarely focused on ever-soaring Treasury yields and corporate America’s profit trajectory — with limited appetite to pay up for hedges.Most Read from BloombergTreasury Yields Climb as Hot Data Fuel Fed Wagers: Markets WrapIsrael Latest: Biden Summit With Arab Leaders Is CanceledWill Xi Jinping’s Gamble on Vladimir Putin Pay Off?Hundreds Killed at Gaza Hospital as Israel Denies AirstrikePutin

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Wall Street in Wait and See Mode as Middle East Crisis Goes On

Wall Street in Wait and See Mode as Middle East Crisis Goes On
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A Crunch in Key Corner of Oil Market Leaves Consumers Vulnerable to Heat and War

Refining, long one of the more predictable corners of the oil market, is caught in a climate bind.

New zealandUnited statesNew yorkSteve sawyerJake edmistonAliko dangoteNikhil bhandariKevin carmichaelPemex olmecaJaniv shahYongchang chinGabriel friedmanSharon choNational postOil chiefs sound alarm on refining woesPostmedia network inc

Oil gains as IEA adds to chorus of views seeing tight market

International Energy Agency became the latest voice to say oil markets face a significant deficit in the second half of this year. Read on

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Extreme heat fast becoming a threat to global fuel security

Searing summer temperatures a growing headache for the energy system, as extreme heat becomes a threat to fuel supply. Read more here.

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