US Stocks Resume Losses as Iran War Heats Up, Brent Advances
US stocks gave up earlier gains on Friday as the US said it had stepped up strikes on Iran to unprecedented levels. Oil traded above $100 once again.
US stocks gave up earlier gains on Friday as the US said it had stepped up strikes on Iran to unprecedented levels. Oil traded above $100 once again.
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US stocks gave up earlier gains on Friday as the US said it had stepped up strikes on Iran to unprecedented levels. Oil traded above $100 once again.
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Volatility gripped Wall Street, with stocks erasing gains as the war in Iran showed no signs of easing. Brent topped $100. Bond traders revived bets on policy easing after sluggish economic data.
US Defense Secretary Hegseth has said the US is "ramping up" airstrikes. Meanwhile, six service members were confirmed killed in a plane crash in Iraq as the war enters its second week. More on DW. Grouped from 12 articles across 5 sources.
Brent crude traded near $100 a barrel following one of the most volatile weeks ever for the oil market, with investors bracing for more upheaval as Iran pledged to keep the vital Strait of Hormuz effectively shut.
UN refugee agency says forced displacement likely to increase as US and Israel continue deadly strikes across Iran.
US Defense Secretary Pete Hegseth questioned new Supreme Leader Mojtaba Khamenei's ability to lead after nearly two weeks of US and Israeli attacks on Iran, saying he is "wounded and likely disfigured". Grouped from 3 articles across 3 sources.
Iran has resorted to unconventional tactics in its retaliatory strikes against the US and Israel.