US stocks cut losses on Netanyahu war comments; energy prices soar again

NEW YORK, United States — Energy prices soared during a volatile session Thursday, while Wall Street stocks trimmed losses after Israeli Prime Minister Benjamin Netanyahu said the war with Iran could finish sooner than expected. Major Wall Street indices were headed to significant losses following gloomy sessions in Europe and Asia. But they got a boost from Netanyahu’s press conference shortly before the US market closed. Netanyahu said he sees “this war ending a lot faster than people think,” the Israeli leader told a press conference. He vowed that Iran’s efforts to “blackmail the world” by shutting the Strait of Hormuz were doomed to failure. READ: Philippine stocks […]... Keep on reading: US stocks cut losses on Netanyahu war comments; energy prices soar again