US Strikes on Iran Hit Oil Markets
Energy markets reeled after US military strikes on Iran disrupted hopes for peace mediation, just as American voters headed to the polls for crucial midterm elections. Meanwhile, tech stocks faced continued pressure following soft margins reported by Apple.
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United States military strikes on Iran rattled global energy markets overnight, sending Brent Crude Oil prices back up after a 7% plunge. The geopolitical shock coincided with voters heading to midterm polls, complicating earlier peace talk optimism. Investors are now weighing election outcomes against escalating Middle East tensions and corporate margin pressures.
