US stock markets saw a notable rally as Brent crude oil prices fell below $100 per barrel, driven by optimism over the potential de-escalation of conflict with Iran. The decline in oil prices, which dropped nearly 9% and are on track for their steepest weekly decline since April 2020, came as investors anticipated a shift in US foreign policy following the Democrats' strong performance...
The United States conducted limited military strikes on Iran's Qeshm Island, targeting surface-to-air missile systems. The operation, confirmed by US Central Command, was described as defensive, aimed at systems allegedly used in attacks against American military assets. This action has heightened tensions in the region, despite ongoing diplomatic efforts to resolve the conflict.
US officials emphasized that the strikes were limited and not indicative of...
