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Stocks set to slump while oil surges after Trump says Iran ceasefire is over
Oil prices jumped 6% while U.S. stock futures fell as renewed Middle East conflict threatens crude shipments through the Strait of Hormuz.
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channelnewsasia.com
Oil surges, stocks tumble as Trump declares Iran MOU 'over'
Brent crude futures were a long way below the war's peak prices but rose enough to wobble the bond market by increasing inflation risks.
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npr.org
Tensions with Iran add fresh uncertainty to an already shaky global economy
Crude oil prices jumped and stock prices fell after President Trump declared an end to the cease fire with Iran, adding fresh uncertainty to an already shaky outlook for the…
