Oil spikes as Trump’s Iran war speech sends global markets into turmoil. Stocks down bigly

by

https://finviz.com/futures.ashx

Oil prices spiked and global markets plunged after Donald Trump’s prime-time address to the nation Wednesday failed to outline a clear path to ending the Iran war.

Trump’s speech provided no certainty as he claimed the war was a resounding success but admitted that the US would remain engaged for at least another two to three weeks.

Brent crude oil prices jumped nearly 5 percent to $105 per barrel amid fears the US was no closer to eliminating Iran’s stranglehold on the Strait of Hormuz.

https://www.dailymail.co.uk/news/article-15700055/Oil-spikes-Trumps-Iran-war-speech-sends-global-markets-turmoil.html

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