Middle East, Iran
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Trump, G7 and Middle East
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By Amanda Cooper LONDON (Reuters) -Stocks fell, while oil and gold rose on Tuesday, as fighting between Israel and Iran entered a fifth day, making investors nervous over the risk of the conflict widening in a week packed with key central bank decisions.
The U.S. is sending “additional capabilities” to the Middle East.
In a separate report on the outlook to 2030, the IEA forecast that oil supply would continue to outstrip demand over the next five years. Global oil demand is expected to increase by 2.5mn b/d between 2024 and 2030, reaching “a plateau” of 105.5mn by the end of the decade.
Futures tied to Canada's main stock index fell on Tuesday as the Iran-Israel conflict entered its fifth day, with investors fleeing to safe-haven assets on fears that the tensions could spiral into broader regional unrest.
A resolution by Senator Tim Kaine of Virginia would require congressional approval before U.S. troops could engage in hostilities against Iran. He said Americans don’t want another “forever war.”
Wall Street's main indexes opened lower on Tuesday as the Israel-Iran conflict entered its fifth day, denting global investor confidence ahead of the Federal Reserve's upcoming monetary policy decision.