Topic
iran war
Business Markets #us stocks#wall street
Wall Street rebounds as AI stocks recover; SpaceX debut and Iran tensions in foc
US stocks rebounded over two sessions, with AI-linked stocks recovering from recent volatility. Oracle tumbled 10% after announcing a $40 billion debt-and-equity plan for AI investments, while chipmakers Intel and Applied Materials surged. Oil prices fell sharply after President Trump withdrew a strike threat against Iran, boosting sentiment. The much-anticipated SpaceX IPO began trading on the Nasdaq, commanding a $1.77 trillion market value. The ECB raised rates by 25 basis points, and markets await the Fed decision next week.
Jun 14, 2026 2 sources
Trade Sanctions & Embargoes #eu#russia
EU Considers Freeze on Russia Oil Price Cap Amid Iran Conflict
The European Union is contemplating a temporary freeze on its price cap for Russian oil due to the ongoing conflict in Iran. The current cap is set at $44.10 per barrel, with a review scheduled for July.
Jun 1, 2026 1 source