Global markets remain bullish despite ongoing Iran war and Middle East tensions
Story essentials
Global investors, US, Iran
Global
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Toyota global sales decline for fifth consecutive month in June
Toyota's global sales fell 1.1% in June to 926,688 units. Sales were impacted by turmoil in the Middle East and a slump in the Chinese market. Production increased by 2.2% to 984,408 vehicles.
Related book
The Prize: The Epic Quest for Oil, Money, and Power
Author: Daniel Yergin
This definitive history of the global oil industry explains the critical importance of the Strait of Hormuz and how oil markets have historically reacted to geopolitical conflicts in the Middle East, providing essential context for why current market resilience is so significant.
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