Categories: Business

US stocks today: Oil jumps nearly 5%, shares tumble as Trump declares Iran ceasefire ‘over’

Global stock markets declined and oil prices surged on Wednesday. US President Donald Trump cast doubt on the temporary Iran conflict truce. This raised fears that renewed fighting could disrupt global energy supplies. Wall Street opened lower after Trump suggested the ceasefire was effectively over. Investors are concerned that renewed hostilities could disrupt shipping through the Strait of Hormuz.

The News Vista

Leave a Comment
Share
Published by
The News Vista
2 months ago

Recent Posts

Pakistan army officer pulls gun, fires in air amid student protest – video

Post Content

1 hour ago

Honey to hockey sticks: Trump’s 50% tariff net catches 550+ Canadian goods

The United States has enacted a substantial 50% tariff on a wide range of Canadian…

1 hour ago

Sridhar Vembu shares why giving employees more freedom can feel ‘chaotic’

Sridhar Vembu, the founder of Zoho, shares insights on the contrasting workplace cultures a company…

1 hour ago

Top stocks to buy: Stock market recommendations for today – check list

Stock market recommendations: Jindal Steel, Bajaj Auto, Engineers India, and NMDC - these have been…

2 hours ago

Dera chief Ram Rahim walks out of jail again, gets 21-day furlough in 17th release

Gurmeet Ram Rahim Singh has received another 21-day parole from jail. He is currently serving…

2 hours ago

Sam Altman ‘worried’ Microsoft, Amazon, Google, Meta and Nvidia could control AI

OpenAI's CEO Sam Altman expresses concern that AI might fall under the control of just…

2 hours ago