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2026-03-02 03:30:10

Strategist Sees Reversion Risk in Gold and Oil After Iran Strikes

U.S.-Israel strikes on Iran could spark reversals in gold and crude oil as war premium fades, signaling 2026 peaks and risk-asset relief, Bloomberg strategist Mike McGlone warns. Strategist Flags Commodity Reversal Scenario Bloomberg Intelligence strategist Mike McGlone shared on social media platform X on March 1 his view that U.S.-Israel strikes on Iran could trigger

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