Oil Jumps, Stocks Ease As U.S.-Iran Ceasefire Hangs In The Balance
Oil prices jumped and global equities pulled back as markets grew increasingly concerned that the ceasefire between the U.S. and Iran might not hold, while tensions over the Strait of Hormuz escalated.
- Brent crude oil prices surge as US-Iran ceasefire nears expiration IOL —
- Oil prices jump and stocks are mixed as the U.S.-Iran standoff keeps the Strait of Hormuz in limbo CTV News —
- Market Talk: Markets 'are looking through to the end of the oil crisis' Reuters —
- Oil price back up as fragile US-Iran peace process in disarray The Independent —
- Oil prices rise and markets fall after US ship seizure hits Iran peace deal hopes The Guardian —