Oil prices fall and stocks rebound after Trump says Iran war could end ‘very soon’
by Callum Jones and Alex Daniel from World news | The Guardian on (#744JJ)
FTSE 100 opens higher and European markets rise as US president describes conflict as very complete'
Oil prices have tumbled from four-year highs, capping an extraordinary 24 hours in global markets and prompting global stocks to rebound after Donald Trump suggested the US-Israel war on Iran could end very soon".
Brent crude, the international benchmark, surged as high as $119.50 a barrel on Monday as the Middle East conflict intensified fears of a deepening energy supply crisis.
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