Oil Falls and Stocks Rise After a Day of Drastic Swings
The price of oil had spiked to nearly $120 a barrel on Monday, drawing remarks by President Trump that he believed the war on Iran was “very complete.”
The price of oil had spiked to nearly $120 a barrel on Monday, drawing remarks by President Trump that he believed the war on Iran was “very complete.”
Pakistan, Iran’s neighbor, has been striving to remain neutral in the conflict. But its government and military have been forced to act to protect its economy.
Facing pressure after a surge in energy prices, President Trump said the war would be over “very soon.” He later said the fighting would go on for at least another week.
Health experts warn of long-term respiratory and neurological risks as smoke from burning oil spreads across the region.
Since the American-Israeli attack on Iran began, at least 12 civilians have been killed in oil-rich Gulf countries. All but one of them were foreign nationals.
Countries targeted by Iranian drones are eager to tap into Ukrainian expertise to shoot them down.
Iranian state media posted mangled remnants it claims were from the Feb. 28 attack in Minab. An analysis shows they have the markings of a missile made by American manufacturers
The international airport in Muscat, the Omani capital, has remained open while fighting in the region has escalated.