Trump Pauses Iran Strike as Energy Turmoil Weighs on Markets

1 min read
Source: CNBC
Trump Pauses Iran Strike as Energy Turmoil Weighs on Markets
Photo: CNBC
TL;DR Summary

Trump postponed a planned Iran strike after requests from Gulf leaders, while oil prices eased but energy risks persist due to Hormuz disruptions. A broad energy shock propelled a global bond sell-off, with U.S. 10-year yields at a year-high and Japan’s 30-year at a record, as airlines warn of jet-fuel shortages. The headlines also cover tech news, including Meta layoffs and a Musk-OpenAI ruling, and note Putin’s upcoming state visit to Beijing following Trump’s trip to China.

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