Trump just ended the Iran ceasefire and oil markets are already crying
Just when everyone thought the global economy was merely limping along, we decided to kick its other crutch away.
The delicate peace is officially over. Trump just declared an end to the ceasefire with Iran, and the global markets reacted exactly how you'd expect a caffeinated toddler to react to a loud noise.
Crude oil prices immediately took a massive leap upward, while stock markets around the globe did a collective facepalm and started sliding. It turns out that threatening to blow up the Middle East's delicate status quo isn't great for business stability.
Everyone was already stressed about inflation, shaky supply chains, and whether their monthly bills would ever go down. Now, we get to add a fresh potential energy crisis to the mix.
Nothing says "stable economic growth" quite like a fresh geopolitical game of chicken with global oil supplies.
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