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Is an Iran Deal ‘over’ and War Back on? A Timeline of the Conflict and Talks

Oil rose 2% as investors worried the U.S. strikes and renewed sanctions could slow Middle East supply recovery, traders said.

  • A fresh bout of tit-for-tat attacks upended the tenuous ceasefire in the Middle East, with global markets reacting to the latest U.S. strikes on Iran.
  • The Strait of Hormuz remains in focus as a key waterway for Middle Eastern oil shipments, especially after the U.S. reimposed crude sales sanctions on Iran.
  • Brent crude oil prices rose 2% amid investor concern about slower Middle East supply recovery, while Treasury yields climbed about 3 basis points to 4.565%.
  • South Korea's Hynix launched a 43 trillion won share sale on Monday, while the KOSPI index dropped 5%, triggering a short trading halt.
  • Traders await Federal Reserve minutes on Wednesday to gauge policy sentiment, while investors brace for earnings season after an AI-led rally following the SpaceX IPO.
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41 Articles

CNBCCNBC
+2 Reposted by 2 other sources
Lean Left

U.S., Iran trade fresh strikes as Trump says he's 'not sure' he wants deal

Centcom said it launched dozens of strikes on Iranian military infrastructure and small boats; Trump said the U.S. might take more military action "tonight."

·Englewood Cliffs, United States
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Associated Press NewsAssociated Press News
+18 Reposted by 18 other sources
Lean Left

Is an Iran deal ‘over’ and war back on? A timeline of the conflict and talks

Global markets and oil prices have been shaken after the United States and Iran exchanged new strikes and President Donald Trump suggested that negotiations between the countries might be “over.”

·New York, United States
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Center

Şefa politicii externe a EU, Kaja Kallas, a declarat miercuri că noile tensiuni dintre SUA şi Iran ar putea complicación discursiile pentru a pune capăt războiului, relatează agenăia turcă de presă Anadolu.

·Romania
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nachrichten.at broke the news in Linz, Austria on Wednesday, July 8, 2026.
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