Mohamed A. El-Erian: Brent crude rises above $90 after U.S.-Iran tension

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Mohamed A. El-Erian: Brent crude rises above $90 after U.S.-Iran tension — Brent crude climbs past $90 mark

Mohamed A. El-Erian, president at Queens' College, University of Cambridge, highlights that Brent crude oil is currently trading above $90 a barrel in Asian markets. This development follows a recent escalation in tensions between the U.S. and Iran.

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El-Erian has recently focused on upcoming U.S. economic reports, noting that May PCE inflation data is due for release this week. He also appeared on CNBC’s Squawk on the Street to discuss current trends in the U.S. economy and markets. These public comments come as global energy prices react to geopolitical developments.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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