Investors who spent the weekend biting their nails down to the quick got a reprieve this morning as President Trump said he would postpone an attack on Iranian power plants.As a result, stocks soared on Monday, with major indexes up around 1.5% as of noon, and oil prices fell on hopes that tensions over the war would cool rose.However, it's a mistake to assume the oil crisis resulting from the war and the closure of the Strait of Hormuz is fading, as the strait remains closed, and news from the region has b ...

In the 12 months to the end of February the KOSPI rose by 138%, leaving all the world’s notable bourses in the dust. Nothing could stand in its way. Except, that is, an oil crisis https://t.co/kJom7zvI8Q ...

🚨 WAR: OIL CRISES LOOMS AS WAR ESCALATES ACROSS THE GULFIn a single day, Israel struck Iran's South Pars gas field and Iran retaliated by hitting Qatar's LNG export terminal, both the largest of their kind in the world.The Strait of Hormuz remains 97% shut, the IEA's 400M barrel emergency release has done nothing to contain prices, and Brent is now up 80% since the war began on Feb. 28.The EU rejected Trump's call for naval help, NATO is still "discussing it," and Russia quietly received a 30-day U.S. sanct ...

The Gulf oil crisis could benefit Russia on three fronts https://t.co/m90vPqRoSC ...

The 1973 oil embargo triggered inflation, political turmoil and global upheaval. As the Iran war now threatens energy markets again, history shows how quickly an oil crisis can ripple into everyday life. https://t.co/5Qd8joQ9iz ...