Stocks fall and oil prices rise after Trump’s latest delay in the Iran war fails to raise much hope
US stocks fell on Friday, with the S&P 500 sinking 0.7%, as Wall Street reacted to the ongoing tensions between the US and Iran. The Dow Jones Industrial Average was down 319 points, and oil prices rose, with Brent crude up 1.3% to $103.24 per barrel, amid fears of a prolonged disruption to the global energy industry.
US stocks are falling as Wall Street reacts to the ongoing tensions between the US and Iran. The S&P 500 sank 0.7% and the Dow Jones Industrial Average was down 319 points. Oil prices rose, with Brent crude up 1.3% to $103.24 per barrel. The conflict has raised concerns about a potential disruption to the global energy industry. The price of oil could reach $200 per barrel if the war continues until the end of June. The US stock market is nearing its longest losing streak in nearly four years.
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