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Interest rates could go ‘significantly higher' if oil prices keep climbing — even if the Iran war ends soon

Strategists at Bank of America found a dramatic correlation between interest rates and oil prices in the U.S., U.K. and Germany.

TC Trade Conquest Newsroom November 5, 2026 ·1 min read

Interest rates could go ‘significantly higher' if oil prices keep climbing — even if the Iran war ends soon

Key takeaways

Strategists at Bank of America found a dramatic correlation between interest rates and oil prices in the U.S., U.K. and Germany.
Reported by MarketWatch. Open the full story for every detail.
Published November 5, 2026.

Strategists at Bank of America found a dramatic correlation between interest rates and oil prices in the U.S., U.K. and Germany.

Read the full story at marketwatch.com ↗

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