Business

Global Markets Rebound as Trump Signals Iran War Nearing End

Global Markets Rebound as Trump Signals Iran War Nearing End

Asian and U.S. stock markets rebounded sharply after President Trump said the Iran war is "very complete," sending oil prices from nearly $120 to around $90 per barrel. South Korea's Kospi surged over 5% after circuit breakers halted trading during Monday's steep selloff.

Fertilizer Prices Surge 40% as Iran War Chokes Critical Supply Route

Fertilizer Prices Surge 40% as Iran War Chokes Critical Supply Route

The Iran conflict has closed the Strait of Hormuz, sending nitrogen fertilizer prices up 40% and threatening spring planting. With one-third of global fertilizer trade halted and supplies already tight, American farmers face difficult choices as the critical planting window approaches.

Iran Conflict Pushes Oil Above $100, Threatens Global Inflation Fight

Iran Conflict Pushes Oil Above $100, Threatens Global Inflation Fight

The Iran conflict has pushed oil prices above $100 per barrel for the first time since 2022, with British Chancellor Rachel Reeves warning of 'upward inflationary pressure' in the coming months. G7 finance ministers met but took no immediate action on emergency oil reserves.