Trading Open Shadowed by Trump Escalation Threats: Markets Wrap
US President Donald Trump’s warning that he may significantly escalate the war in Iran, potentially worsening an energy-price shock that’s already upending the global economic outlook, is shadowing stock, bond and oil markets before the start of the trading week.
Strait of Hormuz energy crisis
- Oil climbs anew on mixed signals about Iran war's future Axios —
- The Strait of Hormuz Crisis Is Driving a Wave of Global Energy Rationing Time —
- Oil Futures Rise Amid Increased Supply Disruption Concerns Wall Street Journal —
- Oil Gains as Middle East War Escalates With Trump’s Iran Threats Bloomberg —
- OPEC+ raises output quotas by 206,000 bpd from May; warns on supply risks due to Middle East war Times Of India —