‘It’s a big wake-up call’: What market observers are recommending after Trump says Iran MOU ‘is over’

Oil surged and stocks fell after President Trump said the memorandum underpinning the ceasefire framework with Iran was “over,” following overnight attacks between the two sides. The escalation raised near-term risk and likely drove the immediate risk-off shift across equities and crude.

Analysis

Oil surged and stocks fell after President Trump said the memorandum underpinning the ceasefire framework with Iran was “over,” following overnight attacks between the two sides. The escalation raised near-term risk and likely drove the immediate risk-off shift across equities and crude.