Futures Slide, Oil Jumps After Trump Declares Iran Ceasefire Over
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Source: Zero Hedge
Published: 2026-07-08 22:32 UTC+10:00
Section: General
Factuality Score: 100
Opinion Category: Neutral
Topics: Business, Transport, Middle East, Asia, Military & Defence, South Korea, Iran, Technology & AI, Energy, Economy & Finance, Financial Markets, Trade & Sanctions, Commodities, World News, US Politics, Business & Economy, War & Conflict, Asia Pacific, Technology
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Snippet:
Markets are on the backfoot this morning with equity futures and macro credit under pressure, bond yields spiking, the USD higher, and oil jumping after President Trump thrust geopolitical risks back into focus by declaring the ceasefire between the US and Iran to be over calling it “a waste of time” after the US launched strikes against Iran in response to attacks on ships transiting the Strait of Hormuz.
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