Energy markets may take months to stabilize even if the Strait of Hormuz remains open, Russian President’s Special Representative for Investment and Economic Cooperation with Foreign Countries and RDIF CEO Kirill Dmitriev said

The price of oil seesawed in trading in response to U.S. President Donald Trump's imminent threat to obliterate Iranian power plants and bridges.

Earlier, U.S. stocks swung sharply during regular trading as uncertainty about the war with Iran increased after Trump had threatened that a “whole civilization will die tonight."