Markets drift and economies slow ahead of Donald Trump’s Iran deadline
Oil and gas prices rose and stocks fell on Tuesday as the world braced for Donald Trump’s threat that “a whole civilization will die tonight” if Iran did not agree ceasefire terms, including reopening access to the Strait of Hormuz, by 1am Irish time tonight.
Global energy crisis intensifies
- ASX to slide as looming Iran deadline unsettles investors Sydney Morning Herald —
- Stocks Sink, Oil Rises as US, Iran Path Forward Remains Unclear Bloomberg —
- Key Real-World Oil Price Soars to Highest Level on Record Bloomberg —
- Delta raises checked baggage fees as the Iran war drives up jet fuel prices AP News —
- EIA Raises Oil-Price Forecasts as War in Middle East Continues Wall Street Journal —