The S&P 500 closed slightly lower Tuesday after a day of choppy trading, as investors reacted to rising geopolitical tensions and fluctuations in global oil prices. The benchmark index slipped 0.21% to close at 6,781.48. The Dow Jones Industrial Average slipped a little, losing 34 points to finish the day at 47,706.51. At the same…
Leaders of the Group of Seven (G7) nations announced they are ready to take decisive action to secure global energy supplies after rising tensions between the United States, Israel, and Iran pushed oil prices sharply higher. Oil prices jumped toward $120 per barrel on Monday as tensions in the Middle East intensified. The sharp rise…
Traders are driving oil prices higher following recent strikes on Iran and the temporary closure of the Strait of Hormuz, sending global energy markets on edge. Experts warn the disruptions could affect global stock markets and increase fuel prices for motorists. US crude oil may jump about 9% when trading resumes, according to broker IG….
