Oil price rise and markets fall after us seizure of ship hits iran peace deal hopes
Oil prices surged nearly 6% after the U.S. seized an Iranian tanker in the Strait of Hormuz, sparking fears of shipping disruptions and undermining hopes for a peace deal with Tehran. Global markets reacted negatively, with investor sentiment shaken by escalating tensions. Oil Price Impact Market Reaction 2,295.93 +9.53 (0.42%) Today1D5D1M1Y5YMax10:00 AM12:00 PM2:00 PM4:00 PM2,2682,2772,2862,2952,3042,286.40 High2,311.36…