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Euronews
Euronews
Doloresz Katanich

‘We are going to hit them hard’: Markets disappointed, oil up again after Trump speech

Instead of declaring victory or offering clarity on his strategy in the Iran war, the US president promised fresh attacks over the next two to three weeks, reviving fears of rising inflation and slowing economic growth.

Dampened hopes for an end to the war in Iran weighed on stock markets worldwide and gave oil prices a fresh boost early on Thursday. In a rare move, the US benchmark, WTI crude, traded above Brent crude — the global seaborne benchmark and the one most affected by the Iran conflict so far.

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