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Barclays: Oil prices seem to have reached Trump's "pain threshold"
Barclays Bank stated that global stock markets do not seem to be worried about the phenomenon of stagflation, as the market expects the surge in oil prices caused by Iran to be alleviated soon, and believes that the likelihood of a long-term supply shock is extremely low. The continuously rising oil prices seem to have reached the “pain threshold” set by Trump. Therefore, the market’s expectations regarding this temporary supply disruption have also been further strengthened.