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Oil hits multi-week high, Wall Street slips as Iran tensions reignite
WASHINGTON, July 8 : Stocks were mostly lower and oil prices rose on Wednesday after U.S. President Donald Trump said the interim peace deal with Iran was "over" and the U.S. announced fresh military strikes.Oil prices settled nearly 5 per cent higher as tensions reignited in the Middle East and worries mount
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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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Oil jumps over 5% after Trump says deal with Iran 'over'
July 8 : Oil prices jumped more than 5 per cent on Wednesday, hitting a two-week high after U.S. President Donald Trump said the memorandum of understanding to end the conflict…
