Asian markets tumbled as investors braced for a prolonged Gulf conflict, driving oil prices to record monthly gains and fueling global inflation fears. President Trump’s remarks on potential U.S. actions against Iran’s oil exports added to market jitters, while Pakistan prepared for peace talks. The conflict’s impact on energy and commodity prices is expected to persist, pressuring economies worldwide.
US Stocks: S&P, Nasdaq end lower as investors weigh Middle East conflict outlook
U.S. stocks closed mostly lower as President Trump’s conflicting messages on Iran and escalating Middle East conflict weighed on markets. Despite optimism over discussions, threats