Oil pump and circumstance

Oil rebounds as U.S. and Iran trade fresh strikes. Wall Street braces for a inflation report expected to push the headline rate above 4%. And the SpaceX IPO, a 10-year Treasury auction, and a likely ECB rate hike round out a packed week.

Today’s recommended read: Stock-pay boom amplifies US economic drumbeat, Mike Dolan

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Read more from Amanda Cooper and Anna Szymanski

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