Global Markets React to Trump's Middle East Pause and Oil Price Fluctuations
Global markets reacted to President Trump's decision to give diplomacy a chance before potential strikes on Iran, leading to a rebound in stocks and a drop in oil prices. European nations are set to hold talks with Iran to de-escalate tensions. Oil prices eased, with Brent crude falling 2%, while stock futures fluctuated. The U.S. bond market also responded to the news. Overall, the markets showed sensitivity to geopolitical developments in the Middle East.