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Oil is being propped up by Middle East tensions after the US used video to blame Iran for tanker attacks
  • Oil prices on Friday were pushed and pulled between competing drivers of Iran tensions and a supply glut.  
  • Thursday's attacks on two oil tankers raise the prospect of a US-Iran military showdown, experts warn. 
  • Broadcom shares are trading down 8.7% in US premarket after warning of a demand slowdown from the US-China trade war.
  • Watch WTI and Brent crude trade live
  • Crude prices have retreated with West Texas Intermediate down 0.7% at $51.90, and Brent crude down 0.4% at $61.10.
  • Asian stocks climbed with the Shanghai Composite down 1%, the SZSE Component down 1.6%, and Hong Kong's Hang Seng down 0.7%.
  • European equities fell in morning trading with Germany's DAX down 0.5%, Britain's FTSE 100 down 0.2%, and the Euro Stoxx 50 down 0.3%.
  • US markets are poised to open lower. Futures underlying the Dow Jones Industrial Average were down 0.1%, while S&P 500 and Nasdaq futures were down 0.2% and 0.5%, respectively.
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Full "The Business Insider: The Money Game" article




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