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The U.S. blockade of Iranian ports could accelerate the drawdown in global oil inventories, further tightening near-term supply and pushing back hopes of market normalization into mid-May, according to Société Générale.
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China's Export Growth Slowed Sharply in First Month of Iran War Bloomberg.comChina exports growth in March misses estimates, imports surge most in over four years CNBCChina's export engine stutters as Iran war chills global demand ReutersChina's Oil and Gas Imports Shrink on Persian Gulf Turmoil Bloomberg.com
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JD Vance defends Trump amid spat with Pope Leo: ‘Stick to matters of morality' The GuardianVance Says Pope Leo Should Stay Out of U.S. Affairs The New York TimesColumn | Trump's Christ-like image is filled with sloppy symbolism The Washington PostJD Vance says Trump's post of himself as Jesus was 'a joke' USA TodayTrump Brutally Dumps MAGA Icon He Once Called ‘Tremendous' The Daily Beast
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Middle East War Will Slow Global Economic Growth, I.M.F. Warns The New York TimesJoint Statement on 13 April by the Heads of the International Energy Agency, International Monetary Fund, and World Bank Group IEA - International Energy AgencyIran war escalation could trigger global recession, IMF warns The GuardianIMF says Iran war "halted" global economic momentum, expects hotter inflation Axios
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The American military on Monday was implementing a blockade on all ships entering and exiting Iranian ports, with the escalation pushing oil prices higher but not rattling U.S. stocks that much.
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China's trade dispute with the U.S., Brexit, Italian fiscal troubles and a fall in German industrial production are all signs of the sweep of a brewing synchronized global slowdown.
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