Oil climbs, stocks fall as markets see no end to war

LONDON, United Kingdom — Oil prices rose and stocks fell on Friday as initial optimism over US President Donald Trump’s decision to again delay his deadline for strikes on Iran’s energy assets faded. Trump has extended a deadline for Tehran to open the Strait of Hormuz or face the destruction of its energy assets, pushing it from Friday to April 6. But with Iran maintaining a hold on the Straits, Trump’s announcement largely failed to lift the mood for markets. European stocks were down in mid-afternoon trading, and New York’s three main indexes all opened about one percent lower. Oil prices […]... Keep on reading: Oil climbs, stocks fall as markets see no end to war

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