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Geopolitical crisis

Apr 15, 2024

The attack by Iran on Israel over the weekend shows once again to what extend the Middle East is currently on fire and that geopolitical risks can no longer be ignored by investors. We read on Bloomberg this morning that “for the moment crude is little changed amid speculation that the conflict will remain contained”. Who knows as many different scenarios with different probabilities attached are being discussed ? In any case the oil price should increase and the traditional safe havens, like gold and US Treasuries, should benefit.

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