After seesawing between diplomacy and threats, the president may find it harder to knock down prices by suggesting pauses or progress in talks.
Category: Iran
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Oil Markets Seem More Skeptical of Trump’s Peace Signals
The New York Times – Business: -
Rival Nations Seize On Choke Points to Counter Trump
The New York Times – Business:From Iran to China, President Trump’s global aggression has encouraged other countries to search for new ways to pressure the U.S. economy.
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Why Trump’s Iran Address Failed to Soothe Markets
The New York Times – Business:Oil surged and stocks sold off after the president delivered an unclear case for continuing the war in the Middle East.
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Oil Prices Jump and Stocks Drop After Trump’s White House Speech
The New York Times – Business:President Trump claimed in a White House address that the war on Iran was “nearing completion” but made no new announcements about the conflict.
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Markets Bet Big on a Quick End to the Iran War
The New York Times – Business:Global markets rallied as President Trump signaled that the United States may stop fighting soon. But big questions remain about lingering damage.
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Stocks in Asia Rally and Oil Prices Rise
The New York Times – Business:President Trump said the U.S. military would wrap up its campaign in Iran in two or three weeks.
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The Trump Effect at the Pump as Gas Hits $4 a Gallon
The New York Times – Business:The average price of gasoline in the U.S. has topped $4 a gallon, a multiyear high, as war in the Middle East roils the oil market and slams drivers.
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Oil and Gas Prices Continue to Rise in Choppy Trade
The New York Times – Business:Investors weighed the news that the owner of a Kuwaiti tanker loaded with oil said it had been hit in an Iranian attack near Dubai.
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Iran War’s Latest Economic Toll: Oil at $115 a Barrel
The New York Times – Business:Economists and investors are increasingly pricing in a slowdown, or even a global recession, if the fighting drags on.
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Oil Jumps to $116 a Barrel on Signs of Escalation of Middle East War
The New York Times – Business:Investors digested increasing signs of escalation of the U.S.-Israeli war in Iran, which has led to a blockage of critical energy supplies.
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As Stocks Keep Falling, Investors Are Losing Patience With the War in Iran
The New York Times – Business:The S&P 500 is on course for its fifth straight week of losses and its worst weekly losing streak in roughly four years.