US-Iran Tensions: Oil Prices Surge as Global Markets Fear Conflict

Global financial markets reacted with immediate volatility on Tuesday, April 7, 2026, as President Donald Trump announced a fragile two-week ceasefire with Iran. The agreement comes at a moment of extreme tension, following a hard ultimatum issued by the U.S. President demanding the reopening of the Strait of Hormuz, a critical artery for global oil … Read more