Oil Prices Surge Amid Iran War, Global Markets Tumble
Vancouver News Today | 2 Min News | The Daily News Now! · The Daily News Now!
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Show Notes
Oil prices surged amid the escalating war with Iran, causing global stock markets to drop. President Trump and other nations announced short-term measures to curb the oil spike, but traders seek real de-escalation around the Strait of Hormuz. Gold tumbled, and solid U.S. jobless claims and factory growth data added to the pressure on yields and investments. Rivian stock jumped on an Uber partnership, helping to cap some losses.
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