Traders, hopeful on Friday that a peace deal was near, were digesting the developments over the weekend.
Category: US and Israeli Attack on Iran (2026)
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Oil Prices Jumped and Stock Futures Fell on Renewed Iran Conflict
The New York Times – Business: -
Luxury Brands Bet on the Middle East. War Has Damaged Their Plans.
The New York Times – Business:High-end brands such as Louis Vuitton and Hermès are looking to other regions as sales in Persian Gulf nations plummet.
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Reopening Strait of Hormuz Would Ease Oil Crisis but Only So Much
The New York Times – Business:Analysts said energy and shipping companies would be reluctant to fully restore operations until they were confident that hostilities were over.
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Stocks Extend Rally as Tensions Ease Over War in Iran
The New York Times – Business:The S&P 500’s rise on Friday caps a striking three-week streak, powered by investors’ optimism about the reopening of the Strait of Hormuz and strong corporate earnings.
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Strait of Hormuz Is Open During Cease-Fire in Lebanon, U.S. and Iran Say
The New York Times – Business:Friday’s statements raised investors’ hopes that oil and gas would start moving out of the Persian Gulf in significant volumes again.
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Oil Prices Fall Sharply After Iran Says Strait of Hormuz Is Open
The New York Times – Business:But analysts said it was not clear how quickly the oil industry in the Persian Gulf would be able to get back to normal.
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Pentagon Seeks Help From Ford and G.M.
The New York Times – Business:Concerned about the slow pace and high cost of weapons production, Pentagon officials have begun talks with General Motors and Ford Motor about producing certain parts.
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Despite Cease-Fire, Iran’s Hackers Haven’t Logged Off
The New York Times – Business:Tehran’s digital warriors have continued to seek ways to gain an advantage in the conflict in a new phase of cyberspace operations.
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White House Shrugs Off Shaky Economy as War Exceeds Trump’s Timeline
The New York Times – Business:Stocks may be soaring again, but the war in Iran has started to pinch the finances of many Americans.
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European Airlines Face Fuel Shortages Within Weeks
The New York Times – Business:If tankers do not soon begin crossing the Strait of Hormuz, airlines in Europe may not have enough jet fuel to operate all of their flights.
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Stocks Extend Rally and Oil Prices Stabilize as Investor Optimism Grows
The New York Times – Business:Oil prices stabilized and stocks rose on optimism that diplomatic talks could yield a permanent peace deal.