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Has ‘Iran Shock’ Abated for Oil and Inflation?  | Presented by CME Group

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July 16, 2026

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The outbreak of hostilities in the Middle East on February 28 triggered oil and energy price spikes that flowed directly into US inflation. With June inflation cooling and relative pressure on oil prices subsiding, are investors seeing a broader shift in the inflationary dynamic? Presented by @cmegroup

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