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    <description>Escalating military tensions between Israel and Iran elevated geopolitical risk, driving oil prices higher on fears of supply disruption through the Strait of Hormuz and producing sectoral market divergence: energy and defense stocks rose while travel- and fuel-intensive companies fell. Investors sought safe havens such as gold, bond yields moved with shifting inflation expectations, and currency rates adjusted amid re-pricing of risk and concurrent US consumer sentiment and tariff concerns.</description>
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