Oil prices rise after fresh US strikes on Iran and return of sanctions on Tehran – business live
Almost all major Asian stock markets fall, with Samsung Electronics shares sliding for a second day
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Oil prices have risen by more than 3% after fresh strikes from the US and Iran tested a fragile truce.
Short-term profit taking on long-term winners, particularly the AI theme, appears to be a global dynamic… we sh ould expect elevvated volatility and continued foreign sellingin orea equities in the near term.
7pm BST: US Federal Reserve minutes
https://www.theguardian.com/business/live/2026/jul/08/oil-prices-rise-fresh-us-strikes-iran-return-sanctions-tehran-federal-reserve-minutes-live-updates">Continue reading...Oil Prices Jump 5% as Trump Declares Ceasefire Over
- Oil prices jump and Asian shares fall after US launches fresh strikes on Iran The Independent —
- Oil up as US strikes on Iran raise fears over shaky truce RTE —
- Oil rises as US strikes on Iran raise fears over shaky truce Dawn —
- Oil Prices Climb on Renewed Supply Disruption Fears as U.S., Iran Exchange Fire Wall Street Journal —
- US strikes on Iran jolt global markets as oil surges and investors turn cautious IOL —