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Quartz·1 min read·medium

Trump says the US will keep striking Iran. Oil is above $75. The Dow just dropped 700 points

Cris Tolomia
AI Summary

President Trump announced that the U.S. will continue military strikes against Iran, declaring the ceasefire over. This geopolitical tension has caused oil prices to spike by 7% and triggered a 700-point drop in the Dow Jones.

Trump told the NATO summit the ceasefire with Iran is "over," sending oil prices up more than 7% and stocks broadly lower

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Trump says the US will keep striking Iran. Oil is above $75. The Dow just dropped 700 points — Headlinne — headlinne