US stocks and oil prices flip-flop ahead of Trump's deadline to bomb Iranian power plants
The US stock market is making hesitant moves as oil prices flip-flop amid uncertainty about the war with Iran and its impact on global oil flow. President Donald Trump has set a deadline to bomb Iranian power plants, causing continued uncertainty in the market.
The US stock market is seeing hesitant moves as oil prices fluctuate. The S&P 500 rose 0.2% in early trading, while the Dow Jones Industrial Average was up 0.1%. Oil prices are uncertain due to the ongoing war with Iran. The war has caused a significant increase in gasoline costs, with the average price per gallon reaching nearly $4.12. The price for a barrel of US crude rose 0.4% to $111.97. The situation remains uncertain as President Trump's deadline to bomb Iranian power plants approaches.
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