Global Markets Dip as Traders Gauge Fallout From U.S. Strikes on Iran
Any disruption to traffic in the Strait of Hormuz would have significant economic effects, especially for Asian nations dependent on oil from the Middle East.
Any disruption to traffic in the Strait of Hormuz would have significant economic effects, especially for Asian nations dependent on oil from the Middle East.
The last-minute demonstrations drew hundreds of people in some cities, fewer in others. Many expressed displeasure with the Iranian leadership but were against any more U.S. involvement in another war.
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Oil prices jumped more than 7% on Friday, hitting their highest in months after Israel said it struck Iran, dramatically escalating tensions in the Middle East and raising worries about disrupted oil supplies. Eli Hartman | Reuters Oil markets are entering a new phase of uncertainty after the U.S. entered the war between Iran and…
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