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Stocks edge up as oil hovers near 3-month lows ahead of Warsh debut
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- Stocks edge up as oil hovers near 3-month lows ahead of Warsh debut By Danilo Masoni Wed, June 17, 2026 at 8:12 PM GMT+7 4 min read By Danilo Masoni
- Brent crude fell as far as $77.75 a barrel, down more than a third from April peaks after reports the United States may waive sanctions on Iranian oil under a deal to end the war.
- More from Yahoo Scout How could falling oil prices impact European economic recovery?
Stocks edge up as oil hovers near 3-month lows ahead of Warsh debut By Danilo Masoni Wed, June 17, 2026 at 8:12 PM GMT+7 4 min read By Danilo Masoni
MILAN, June 17 (Reuters) - Stocks edged up and currencies were subdued on Wednesday ahead of Kevin Warsh s debut as Federal Reserve chair, while oil prices remained near three-month lows, easing inflation pressure and pushing bond yields lower.
Brent crude fell as far as $77.75 a barrel, down more than a third from April peaks after reports the United States may waive sanctions on Iranian oil under a deal to end the war. It was last up 0.4% at $79.29.
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