Trump Says No Immediate Plans for Further Iran Strikes, Sending Oil Sharply Lower and Lifting Asian Stocks
Summary
President Trump said he has no immediate plans for further strikes on Iran, easing geopolitical risk across the region. The remarks triggered a sharp decline in crude oil and fueled a broad rally across Asian equities.
Timeline
Bloomberg
Source ↗Bloomberg reports that Asian markets reacted as Trump cooled Iran fears, with his statement that he has no immediate plans for further strikes on Iran easing regional geopolitical risk, triggering a sharp decline in crude oil and a broad rally in Asian equities.
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