Global stock markets decline, oil prices slide over $2 per barrel on hopes for US-Iran deal
Global stock markets mostly declined on Thursday. Oil prices also saw a significant drop. Speculation about a potential US-Iran nuclear deal influenced the market. This deal could ease sanctions and increase oil supply. Earlier gains from the US-China trade truce reversed. Concerns about oversupply also contributed to the market downturn. Investors are now awaiting the US April wholesale inflation report.
Global stock markets mostly declined on Thursday. Oil prices also saw a significant drop. Speculation about a potential US-Iran nuclear deal influenced the market. This deal could ease sanctions and increase oil supply. Earlier gains from the US-China trade truce reversed. Concerns about oversupply also contributed to the market downturn. Investors are now awaiting the US April wholesale inflation report. What's Your Reaction?
