Hong Kong, April 9, 2026 (AFP) - Crude rises, stocks fall on fears over nascent Iran ceasefire

NAMPA / AFP

2026-04-09

Oil prices climbed and stocks fell Thursday on fears over the nascent US-Iran ceasefire after Tehran threatened to resume hostilities after Israel launched a major bombardment of Lebanon. Equity markets across the globe soared and crude plunged Wednesday after US President Donald Trump announced the two-week halt in the war, and the Islamic republic said it would reopen the Strait of Hormuz as peace talks took place. But with the deal less than a......

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