Oil Slides After Trump Seeks to Ease Concerns Over War’s Length
Oil tumbled after US President Donald Trump said the Iran war will end soon, as he faces mounting pressure over the conflict that’s upended global energy markets and sparked concerns about an inflation crisis.
Aluminum’s Surge Propels Chinese Tycoon to $48 Billion Fortune
When Zhang Bo took over his father’s industrial empire in 2019, it was already a sprawling industrial giant and one of the world’s biggest producers of aluminum.
South Korean Stocks Jump as Lower Oil Prices Support Risk Taking
South Korean equities bounced back, as risk sentiment recovered after President Donald Trump signaled the Iran war may be ending soon.
Stocks Rise, Oil Falls as Trump Says War to End: Markets Wrap
Asian stocks rebounded from Monday’s selloff, and crude oil fell, as President Donald Trump signaled the Iran war may be ending soon, helping Wall Street finish its session on a bullish note. Oil dropped as much as 10%.
Japanese Stocks Rebound as Oil’s Pullback Fuels Dip Buying
Japanese stocks bounced back as a fall in oil prices eased some concerns around the Middle East conflict. Still, investors remained on alert as Donald Trump said the war will not end this week.