The Guardian·4 min read·medium
Oil prices plunge and Europe’s stock markets rally after Trump calls off Iran strikes
J
Julia Kollewe
✦AI Summary
Global oil prices dropped significantly following Donald Trump's decision to cancel strikes against Iran and his suggestion of potential peace talks. European stock markets rallied in response to the reduced geopolitical risk.
Oil supertankers and merchant marine ships in the Fujairah anchorage, just off the strait of Hormuz. Oil supertankers and merchant marine ships in the Fujairah anchorage, just off the strait of Hormuz. Oil Oil prices plunge and Europe’s markets rally after Trump calls off Iran strikes Brent crude drops by 5% after US president claimed talks on Middle East peace deal would resume
economybusinessworld
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