Barclays: Oil prices appear to have reached Trump’s "pain threshold"
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Golden Ten Data reported on March 11 that Barclays Bank stated global stock markets do not seem concerned about the phenomenon of stagflation. The market expects that the surge in oil prices triggered by Iran will soon be alleviated and believes the possibility of a long-term supply shock is extremely low. The continuously rising oil prices appear to have reached the "pain threshold" set by Trump. Therefore, market expectations for this brief supply disruption have been further strengthened.
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