AI Bias Analysis
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The US strikes Iranian targets following what it said were attacks on Navy destroyers, as President Donald Trump warned of "violent" escalation unless a deal is signed quickly. It leaves markets in "wait and see" mode as oil nears $100 a barrel. (Source: Bloomberg)
Source
Bloomberg Markets
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Oil prices jumped on Friday after the U.S. and Iran exchanged fire in the Strait of Hormuz, raising fresh fears that the fragile ceasefire between the two countries is rapidly unraveling.
Oil futures moved higher late Thursday while stock-index futures were little changed after the U.S. and Iran exchanged fire in the Persian Gulf, and after a federal court struck down President Donald Trump’s backup tariff plan.
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