Asia stocks rebound, oil dives as Trump and Iran trade barbs - Reuters
Asia stocks rebound, oil dives as Trump and Iran trade barbs Reuters
Coverage by Political Leaning
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Notable Quotes
"the war is 'very complete'"
— Donald Trump , Politician
"The Middle East conflict would have 'catastrophic consequences' for the oil market the longer it continued."
— Amin Nasser , Executive
"The Middle East war could be 'over soon'."
— Donald Trump , Politician
"If Iran does anything that stops the flow of oil within the Strait of Hormuz, they will be hit by the United States of America TWENTY TIMES HARDER than they have been hit thus far."
— Donald Trump , Politician
"If Iran does anything that stops the flow of oil within the Strait of Hormuz, they will be hit by the United States of America TWENTY TIMES HARDER than they have been hit thus far."
— Donald Trump , Politician
"While all of this has helped ease some of the short-term panic, it's hard to reconcile the idea of the conflict being 'very complete'."
— Tony Sycamore , Other
Key People
Amin Nasser is the President and CEO of Saudi Aramco.
Former president of the United States known for his aggressive economic policies.
Iran is a country in the Middle East known for its Islamic Republic government structure.
Iran's Supreme Leader who is involved in ongoing peace negotiations.
IG Markets analyst providing insight on market trends.
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<a href="https://news.google.com/rss/articles/CBMigAFBVV95cUxOc1hiTXFKdlExZ1htM0hZa2hZVjJjOENfcm4xSVpXOWNxTjRKakdiNmVOQTBoc3FkTE9RRUZIVmM2b25UcXlrUW1GaDFBQlEzeDFQbjZ2enRVZWJ2dXlFWnNPdG1SdU94Q1kzS2xlVVRsdllXMzd2RktnLVMxcXhodA?oc=5" target="_blank">Asia stocks rebound, oil dives as Trump and Iran trade barbs</a> <font color="#6f6f6f">Reuters</font>
Asian stocks rallied and oil prices plunged after U.S. President Donald Trump declared the Middle East war could be 'over soon.' However, defiant statements from Iran's military indicated continued conflict.
Asian markets rebounded as oil prices dipped from their peak, with Singapore's STI gaining 1.6% and Japan's Nikkei 225 rising 3.6%. Investor confidence was bolstered by President Trump's remarks on the Iran conflict.
Asian stocks rallied and oil prices plunged after President Trump's remarks that the Middle East war could be 'over soon,' contrasting with defiant statements from Iran's military.
Asian markets surged following President Trump's comments suggesting the Iran conflict could be nearing an end, leading to a 2.6% rise in MSCI's Asia-Pacific index and a significant drop in oil prices.
Asian markets rebounded as oil prices fell, following President Trump's comments suggesting the Iran conflict could be nearing an end, despite defiant statements from Iran's military.
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