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Well, that was a classic 2026 Monday: Brent futures swung, dropping on headlines focused on the (misplaced) prospect of Middle East peace, as the Mecca Pact countries sent emissaries to Iran, rose again on well-placed fears of war, as Egypt’s parliament approved sending its military to support Saudi Arabia, then fell again, even as another oil tanker was hit near Iraq.
Marketing communication / Non-Independent Research. This publication is issued by Coöperatieve Rabobank U.A., registered in Amsterdam, and/or any one or more of its affiliates and related bodies corporate (jointly and individually: “Rabobank”). Coöperatieve Rabobank U.A. is authorised and regulated by De Nederlandsche Bank and the Netherlands Authority for the Financial Markets. Read more
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