Gas prices hit home as Iran tensions flare again | Morning Bid

By Reuters

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Weekend hopes for a U.S.-Iran breakthrough fade after fresh American strikes on southern Iran, though markets are treating the move as a possible push toward agreement rather than escalation. Oil is up around 2% Tuesday, reversing only part of Monday's losses. Plus, high fuel prices are hitting consumer confidence hard, with U.S. readings near record lows and UK retail sales unexpectedly falling last month. A fresh U.S. confidence update is due today. #News #Reuters #Newsfeed Read the story here: 👉 Subscribe: https://reut.rs/4b8fRGn Keep up with the latest news from around the world: https://www.reuters.com/ Follow Reuters on Facebook: https://www.facebook.com/Reuters Follow Reuters on X: https://twitter.com/Reuters Follow Reuters on Instagram: https://www.instagram.com/reuters/?hl=en

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