Tensions between the US and Iran continue to escalate, with the Strait of Hormuz remaining closed and oil prices expected to rise.
Posts tagged as “US-Iran relations”
Stock futures showed gains early Monday as investors assessed a pause in U.S.-Iran hostilities, while oil markets remained sensitive to potential disruptions. Major indices saw mixed movements globally.
Oil prices declined Thursday amid reports of a U.S.-Iran deal and forecasts from the International Energy Agency predicting a supply glut next year.
US stock markets saw significant gains as a tentative US-Iran deal aimed at ending conflict raised expectations for stabilized energy supply chains following disruptions in the Strait of Hormuz.