Stocks Decline and Dollar Gains Amid Geopolitical Tensions in the Middle East

Reported 1 day ago

Global stock markets dropped while the dollar strengthened as investors shifted towards safe-haven assets amid escalating tensions over possible U.S. involvement in the Israel-Iran conflict. Concerns about crude supply shocks raised oil prices significantly, with Brent crude nearing its highest since January. The Federal Reserve maintained interest rates, amid predictions for future cuts, while geopolitical uncertainty continues to weigh on global economic outlooks.

Source: YAHOO

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