Oil surges 6% and stocks tumble after Trump says Iran ceasefire is ‘over’

The price of oil surged more than 6% on Wednesday after President Donald Trump said that the ceasefire deal with Iran was “over” after the two countries trades strikes following attacks on three oil tankers near the Strait of Hormuz.

Steve Kopack
Author: Steve Kopack

This post was originally published on NBC News.

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