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President Trump announced U.S. forces fired on and seized an Iranian-flagged cargo ship in the Gulf of Oman on Sunday. Dow futures fell approximately 400 points on the news, as the incident raises the risk of broader military conflict near the Strait of Hormuz, a critical global oil transit route.
Dow futures dropped 500 points after President Trump announced a blockade of the Strait of Hormuz following failed talks. The move erases gains from the best week for all three major averages since November, which had been driven by expectations of a near-term resolution. Energy markets and global supply chains now fac
Tag
President Trump announced U.S. forces fired on and seized an Iranian-flagged cargo ship in the Gulf of Oman on Sunday. Dow futures fell approximately 400 points on the news, as the incident raises the risk of broader military conflict near the Strait of Hormuz, a critical global oil transit route.
2mo ago · 1 min · Global Affairs
Dow futures dropped 500 points after President Trump announced a blockade of the Strait of Hormuz following failed talks. The move erases gains from the best week for all three major averages since November, which had been driven by expectations of a near-term resolution. Energy markets and global supply chains now fac
2mo ago · 1 min · Markets
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