Geopolitics28 August 2026
Oil prices drop 15%, stock markets rally on reports Iran war may end in two to three weeks
via The Guardian
Brent crude fell 15% to $98 after Trump said the Iran war would end soon. Stock markets in Asia and Europe rallied on reduced geopolitical risk. The Strait of Hormuz blockade cut 20% of global oil shipments; resolution would ease energy prices and boost risk assets like equities.
Original source
The Guardian
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