October 8, 2026
Business

Why the US-Iran ceasefire isn’t calming oil markets?(Soban News)

Trump announced potential escalation of military actions against Iran, urging other countries to secure the Strait of Hormuz. Oil prices surged after his remarks, indicating ongoing regional tensions and potential tolls on global trade due to Iran’s control over the vital shipping route.

​Trump announced potential escalation of military actions against Iran, urging other countries to secure the Strait of Hormuz. Oil prices surged after his remarks, indicating ongoing regional tensions and potential tolls on global trade due to Iran’s control over the vital shipping route. by Soban News (international And National News)

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