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geopoliticsbullishWTIPublished Jun 27, 2026, 6:00 AM

Iran Conflict Drives Oil Higher, Defense Stocks Up, Equities Mixed

Iran Conflict Drives Oil Higher, Defense Stocks Up, Equities Mixed
Escalating Middle East tensions from the Iran war have lifted oil prices while boosting shares in defense contractors like Northrop Grumman and RTX; equities faced pressure with flight to USD as safe haven. Markets reflect stagflation concerns and energy volatility.

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