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Markets rally and oil prices dip as US president claims agreement will reopen Strait of Hormuz
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Global oil prices Thursday settled at their lowest in almost eight weeks after President Donald Trump said he was canceling planned fresh strikes on Iran, pulling back from his threat earlier in the day.
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Stock Market Today: Dow, Nasdaq Move Higher; Oracle Earnings in Focus — Live Updates WSJStocks rebound, fueled by chip stocks, but gains limited on new Trump Iran threat: Live updates CNBCWall Street ticks up as chips rebound, Middle East in focus The Detroit NewsStocks Bounce, Oil Falls as US Ends Iran Strikes: Markets Wrap Bloomberg.com
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Oil prices jumped after the United States and Iran exchanged fire for a second day, heightening fears that the two countries could slide back into open conflict.
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Iran War Live Updates: Trump Threatens to Seize Kharg Island as U.S.-Iran Strikes Continue The New York TimesWhy a frustrated Trump is turning again to bombs to force Iran's hand CNNTrump threatens to seize control of Iranian oil and gas facilities as tensions escalate The GuardianUS launches second day of strikes as Iran responds with attacks on Gulf neighbors Fox NewsTrump threatens to seize Kharg island
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