The shares in international stock markets have dipped today while oil prices jumped as Israel launched a military blow to Iran, turning investors to so -called secure shelters such as gold, dollar and Swiss. The escalation in the Middle East – an important oil -producing region – intensifies uncertainty in financial markets in a period of great pressure on the global economy by US President Donald Trump’s aggressive and unpredictable trade policies. Earlier today, Trump called on Iran to conclude an agreement on his nuclear program, saying that there is still time for the country to prevent further conflict with Israel. Brent oil prices were recently rising almost 9% to $ 75.54 a barrels, having recorded almost 14% jumping during their negotiation in Asia. They are heading for their greatest daily rise since 2022, when the energy costs were launched after the Russian invasion of Ukraine. Futal fulfillment contracts for the American […]
Source: News Beast
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