Stocks rise, oil slips as traders eye Iran threat

The Punch | 25-08-2026 09:43am |

Global markets showed mixed movements as traders weighed a US plan for 'economic asphyxiation' of Iran, which targets its digital assets, gold, and shipping sectors. Oil prices slipped while stock markets rose in response to these developments. The situation remains fluid as investors monitor geopolitical tensions and their potential impact on energy markets.

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