Even if the war winds down around month-end, that's still enough time "to cause psychic damage to investors, consumers, and adversely affect economic data for the April release cycle in May," Macquarie economists warned.

The comments helped lift markets and ease energy fears even as details on any ceasefire remain vague.

US president describes conflict as ‘very complete’, but threatens further strikes after Iran says it won’t allow ‘one litre of oil’ to leave Middle East while war continues

The war's price, measured in damage to the economy and in political costs to Trump, is still coming into view.

DUBAI/JERUSALEM/DORAL, Florida: US President Donald Trump on Monday threatened to escalate the war with Iran if it blocked oil shipments from the Middle East, even as he predicted…

US president says war is ‘very complete’ and threatens worse strikes if passage of oil via strait of Hormuz is blocked; IRGC says it will not let out ‘one litre of oil’

President Donald Trump on Monday suggested the war may be nearing an end, sending markets soaring and oil plummeting.

Even if the war winds down around month-end, that's still enough time "to cause psychic damage to investors, consumers, and adversely affect economic data for the April release…

"Clearly, the longer that oil remains at these levels, expectations of a sustained shock will only grow," Deutsche Bank's Jim Reid said.

WASHINGTON: A complex tug-of-war inside the White House is driving US President Donald Trump’s shifting public statements on the course of the Iran war, as aides debate when and…

Contrary to media reports, the Iran war has not prompted markets to flee to the financial sanctuary of the world’s reserve currency. Does this mean the conflict might end soon?