Mike McGlone|Jun 18, 2025 11:04
Gold Up, Crude Oil Down -- A Global Recession Path -
Military escalation between Israel and Iran have lifted crude oil back to end-of-2024 levels, which may incentivize more supply and add fuel to recessionary leanings.
Full report on the Bloomberg here: https://blinks.bloomberg.com/news/stories/sy1qq7t0afb4 {BI COMD}
#crudeoil #gold #energy @BBGIntelligence
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