Oil prices jump and world shares are mixed as US and Iran carry out airstrikes
- Posted on July 13, 2026
- By Star Tribune
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- 1 min read
Geopolitical tensions between the United States and Iran have triggered significant market volatility, with crude oil prices surging following reciprocal military operations. Global equity markets displayed mixed performance as investors reassessed risk exposure amid escalating Middle Eastern conflicts. The escalation reflects broader concerns about regional stability and potential supply chain disruptions in the energy sector. Market analysts are closely monitoring how these developments might influence inflation rates and economic growth trajectories across major economies.
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