Oil rallies and markets trim gains as Trump rejects Hormuz deal reports and US renews attacks
Live updates: Follow the latest news on US-Iran war Oil prices jumped nearly 4 per cent on Thursday morning while Asian stocks slid from record highs, after the US renewed strikes on Iranian military targets, reigniting the conflict and potential disruption to critical oil flows through the Strait o
AI Translated Summary:
Oil prices surged nearly 4% amid renewed US strikes on Iranian military targets, raising concerns over potential disruptions in oil supply through the Strait of Hormuz. The market reacted negatively as Asian stocks fell from record highs, reflecting heightened geopolitical tensions.
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