Oil prices climb, stocks slide as Iran war uncertainty reigns

NEW YORK, United States — Oil prices jumped and equities slid Thursday as hopes for a peace deal between the United States and Iran wavered. US President Donald Trump threatened to “obliterate” the country even as he claimed negotiations to end the conflict were ongoing. Markets had been buoyed at the start of this week by Trump saying that strikes targeting Iran’s energy infrastructure would be postponed. He added that the two sides were in peace talks. But uncertainty over the talks, continued strikes by all sides in the conflict, and the virtual closure of the Strait of Hormuz — through […]... Keep on reading: Oil prices climb, stocks slide as Iran war uncertainty reigns

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