Oil Hits 111 USD/bbl as Iran Rejects US Ceasefire Proposal

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In focus today Focus continues to be on tensions in the Middle East, keeping oil markets and risk sentiment on edge. Swedish inflation tops the domestic agenda, where we expect core inflation at 1.5% whilst higher energy prices will push CPIF up to 2.2%, from previously 1.7%. Compared to our previous forecast, the inflation path […]The post Oil Hits 111 USD/bbl as Iran Rejects US Ceasefire Proposal appeared first on ActionForex.