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Boosted by strong earnings reports, Intel surged 20% in U.S. pre-market trading; crude oil rose amid the U.S.-Iran standoff, while metals fell across the board.

Boosted by strong earnings reports, Intel surged 20% in U.S. pre-market trading; crude oil rose amid the U.S.-Iran standoff, while metals fell across the board.

The deadlock between the US and Iran continues, escalating fears of an intensification of the situation. Global stock markets are under pressure, though the technology sector remains relatively resilient. Transit through the Strait of Hormuz has been substantially hindered, oil prices have risen for the fifth consecutive day, and Brent
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