Reported 23 days ago
Investors are on alert as tensions rise between Israel and Iran, with potential U.S. military involvement threatening to disrupt oil supplies and spike prices. Analysts warn that scenarios ranging from de-escalation to a complete shutdown of Iranian oil production could severely impact global markets, pushing oil prices higher and potentially curbing consumer spending and interest rate cuts in the U.S. While U.S. stocks have remained stable so far, historical data suggests they may experience short-term declines followed by recoveries in the months ahead.
Source: YAHOO