A Narrow Escape from War in the Gulf: What Now for Investors? The prospect of war in the Middle East has loomed over investors, threatening global oil supplies and financial markets.
US President Donald Trump's announcement that negotiations with Iran would resume on Monday has raised hopes for a diplomatic resolution, sending oil prices plummeting. Brent crude fell 4. 6% and US crude dropped 4.
7%. However, beneath the surface, complex dynamics are at play beyond market sentiment.