Oil prices rise on Trump's Iran threats, stocks mixed

NEW YORK, United States — Oil prices rose as the Middle East crisis escalated Monday with US President Donald Trump threatening to destroy Iran’s main export terminal. This was also after the entry of Yemen’s Houthi rebels into the war. European stocks rose but Wall Street’s major indexes closed mostly lower. This, as markets cast a wary eye on Trump’s comments about negotiations to end the fighting. READ: PSEi slides to 5,800 level as Middle East war escalates Trump expressed confidence that a negotiated settlement would soon be reached but warned that if it was not — or if Iran continued to […]... Keep on reading: Oil prices rise on Trump's Iran threats, stocks mixed

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