Daily Brief, Wednesday, January 8th, 2020

Today's topics include:- The recent oil rally is cooling, after Iran's foreign minister said they are not seeking an escalation or war following last night's strikes on U.S. bases in Iraq;- OPEC seeks to reassure the oil markets amid spiking Mideast tensions;- With Vladimir Putin standing at his side, Turkish president Recep Tayyip Erdogan offers to diffuse the U.S.-Iran standoff

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