Oil jump eases a little as traders deliberate Middle East tensions ...Middle East

As tensions are high, the fear is that Iran might retaliate on any attacks by striking US sites in Iraq. As added context, Iraq is the second-largest producer of crude oil in OPEC - just behind Saudi Arabia.

At the end of the day, we'll have to wait and see. But keep an eye out on the headlines here in the meantime. Despite mostly a focus on trade, the developments in the Middle East are also going to matter quite a bit for broader market sentiment before the weekend in the next two days.

This article was written by Justin Low at www.forexlive.com.

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