Oil soars as markets brace for one-month Iran conflict
TL;DR Summary
Global oil prices jumped and U.S. stock futures slid ahead of Monday’s session as the Iran-Houthi conflict neared its one-month anniversary, with Brent crude above $116 and U.S. crude near $103 amid supply fears and potential Strait of Hormuz disruption; 3,500 additional U.S. troops arrived in the region, Trump signaled a deal with Iran, and analysts warned prices could surge further, pushing gasoline costs higher.
- Oil jumps, stocks slide ahead of U.S. stock market open as Iran war rounds one month NBC News
- Oil soars with Brent heading for record monthly surge as Trump reportedly eyes Iran energy control CNBC
- The Iran war has a new front in Yemen. Here’s how it could escalate CNN
- Oil prices rise as Iran war escalates with Houthi attacks on Israel Axios
- Middle East war: Oil hits $116 as Trump hails Iran deal prospects Financial Times
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