London, April 7, 2026 (AFP) - Oil rises, stocks fall ahead of Trump's Iran deadline

NAMPA / AFP

2026-04-07

Oil prices jumped and stocks slumped on Tuesday after US-Israeli strikes on the key Iranian oil export terminal of Kharg island, with investors bracing for US President Donald Trump's looming deadline for Iran to reopen the Strait of Hormuz or face devastating attacks. "The market remains on tenterhooks as ceasefire hopes flagged and Trump threatened to destroy Iran's infrastructure," said Joe Mazzola, an analyst at Charles Schwab. The US crude......

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