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What Is the Impact of the Middle East War on CFD Trading?

The war in the Middle East has extended to the Red Sea as Huti rebels attack merchant ships, requiring US warships to patrol the region. The activity in the Red Sea has impacted shipping in the Suez Canal, creating supply chain disruptions as ships moving from East to West now need to sail around the tip of Africa. The interruption in shipping routes has impacted the capital markets and generated volatility for financial products such as CFDs.
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