⚡ BREAKING: Oil prices rise and government bonds fall as Trump issues new threats against Iran.
Oil prices have increased and government bond values have declined following threats issued by Trump against Iran.
Oil prices have increased and government bond values have declined following threats issued by Trump against Iran.
Three Gulf investment funds have agreed to support Paramount's $81 billion acquisition of Warner, with the Saudi Public Investment Fund contributing approximately $10 billion of the $24 billion total, according to the Wall Street Journal.
Gold prices declined following statements from Donald Trump threatening to destroy Iranian power plants, while Tehran shows no indication of meeting U.S. demands regarding the ongoing conflict in the Middle East.
US crude oil prices have increased by more than 3%, reaching $115 per barrel.
Iran has permitted Iraqi vessels to transit through the Strait of Hormuz, according to the Financial Times.
Trump has threatened to reduce the United States' role in securing Gulf sea lanes, a move that could impact global commercial shipping flows.
Foxconn's first-quarter revenue increased by 30% on a yearly basis.