The Guardian Australia – Business
·business
·1 hour ago
Trump pauses naval operation to pursue Iran deal, oil prices fall sharply
Donald Trump said Monday he is pausing his "Project Freedom" naval operation in the Strait of Hormuz to finalize a deal with Iran, sending Brent crude tumbling 2% to $107 a barrel. Global stock markets rallied on the news, with the S&P 500 rising 0.8% and South Korea's Kospi jumping 6.6% to clear 7,000 for the first.
Summary by Glance · The Guardian Australia – Business
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