Oil rises and US stock futures, Asian shares slip after US strike on Iran nuclear sites
NEW YORK (AP) – As global markets reacted to the US strike in Iran against nuclear targets in Iran, the price of oil increased and the US stock futures fell.
The price of Brent crude oil rose to $ 79 in the barrel with an increase in international standard and 2.6%. US crude oil increased by 2.6% to $ 75.76 as barrel.
US forces on Saturday Three Iran attacks the nuclear and military zonesIt increases the shares between Israel and Iran in the war.
For the S&P 500 and Dow Jones industrial average, futures decreased by 0.4%, while NASDAQ futures decreased by 0.5%. Treasury returns have changed very little. Modest moves show that markets have taken the latest development step by step.
This was evident in early Asian trade. Tokyo’s Nikkei 225 index fell by 0.6%. Other major regional markets also recorded moderate decreases.
The conflict, which started with an Israeli attack against Iran on June 13, sent oil prices Yo-yingThis led to movements that the war could disrupt the global raw flow and see for the US stock exchange due to fears of Ebing. Iran is a major oil producer and also Hormuz sits on the narrow throatMost of the raw of the world passes.
“The situation remains extremely fluent and is very dependent on whether Tehran prefers a restricted response or more aggressive movement.
It would be difficult to technically withdraw an Iran retaliation, which includes closing the waterway, but traders are afraid that Iran can seriously disrupt the transition, increase insurance rates and make transporters tense to move without the US navy escort
Some analysts think that Iran is not likely to close the waterway because the country uses it mostly to move it to China and is a major source of income for the oil regime.
Turner Mason & Co. “This is the possibility of a scaled world, Sherman Burning Atlanta Movement, Tom the chief market analyst Tom Kloza said. “Not likely.”
The Claza thinks that after the first fears exploded, oil -futures will be withdrawn.
For a long time, Analyst ED half wrote in a report where Tehran leaders will probably retreat.
“They’re not crazy,” he wrote to investors on Sunday. “The price of oil must decrease and the stock exchanges in the world should go higher.”
Other experts are not so sure.
Andy Lipow, a Houston analyst for 45 years, said that countries are not always rational actors and will not be surprised if Tehran is polluted for political or emotional reasons.
