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But we saved everything 🙂.
WTI crude oil has risen above $100 per barrel for the first time since July 2022.
Susan Li noted that alongside this surge in oil prices, U.S. equity index futures have declined by more than 1.5 percent. The move in oil and equities reflects heightened market sensitivity to developments related to Iran, according to Li.
The intertwining dynamics of energy prices and equity performance are not unfamiliar ground for Li, whose analysis of the shift as inflation fell to a recent eight-month low offered context for today's volatility. Similar scrutiny has underscored her coverage of pivotal industry decisions, such as the Paramount Skydance offer, reflecting how broader market sentiment frequently turns on critical global developments.