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Oil Rises As US and Iran Exchange Attacks | The Opening Trade 8/31/2026

Brent oil jumped after the US and Iran exchanged strikes for the first time in about a month. American forces hit an island in the Strait of Hormuz and the Islamic Republic responded by launching attacks on the United Arab Emirates and Jordan. The Opening Trade has everything you need to know as markets open across Europe. With analysis you won't find anywhere else, we break down the biggest…

We haven't written up this one. Bloomberg has the full story — the link below goes straight to it.

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