US-Iran conflict: Oil Prices and global markets react to new strikes

US-Iran conflict: Oil Prices and global markets react to new strikes

Global stocks slip as US-Iran tensions push oil prices higher

Global stock markets pulled back from record highs on Thursday as renewed military tensions between the United States and Iran rattled investor confidence and reignited fears over rising energy prices and inflationary pressure. Investor sentiment weakened after reports of fresh US military strikes targeting Iranian drone operations, while Iranian authorities claimed responsibility for missile attacks on a US airbase in Kuwait. The latest escalat…

@ the Bell: Markets simmer cautiously amid inflation and oil concerns

Markets on both sides of the border moved modestly higher Thursday, as investors weighed easing geopolitical risks against renewed worries about inflation and climbing oil prices. In Canada, the S&P/TSX Composite Index traded close to record levels, lifted by strength in technology and energy stocks and optimism surrounding a potential diplomatic resolution between the US and Iran. Market sentiment improved following reports that Washington and …

Asian markets slide as Iran tensions lift oil prices and bond yields

Share markets across Asia fell on Thursday after reports of fresh US military strikes on Iran and missile attacks linked to Kuwait unsettled investors and weakened optimism surrounding a possible peace agreement in the Middle East.Oil prices surged while Treasury yields climbed as investors reacted to escalating tensions and growing concerns over inflation ahead of key US economic data.The renewed hostilities added to the uncertainty surrounding…

Global markets pulled between war fears and artificial intelligence optimism

Global markets are increasingly being pulled in two opposing directions as escalating tensions in the Middle East drive oil prices higher while investor enthusiasm surrounding artificial intelligence continues to propel technology stocks to fresh highs. Concerns over the security of the Strait of Hormuz — through which roughly a fifth of the world’s oil supply passes — have unsettled financial markets amid fears that any disruption could trigger…