Oil is one of the important factors of inflation, and due to the escalation of the Ukrainian and the Israel-Palestine Wars, Oil prices have spiked, greatly contributing to the inflationary spike in the US. We are not here to take sides on any of these conflicts.
Iran just launched an attack on Israel, which has the potential to spike up oil prices longer and cause inflation to be more stubborn. Will this have an impact on the US stock industry?
Find out with Mr Loo in today’s video!
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