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"From Orderly Selloff, To Panic": Stocks, Bonds Plunge As Oil, Dollar Soar On Iran War
"From Orderly Selloff, To Panic": Stocks, Bonds Plunge As Oil, Dollar Soar On Iran War
US equity futures are down sharply, along with all global markets, as the Iran war expands and escalates (attack on US embassy in Saudi Arabia; uncertainty over duration of Strait of Hormuz closure; targeting non-military infra / businesses) rattling markets and sending oil and the dollar surging. Global bonds also plunge on fears that Trump’s “whatever it takes” vow on Iran will fuel energy prices and inflation. As of 8:00am ET, S&P futures are down 1.4%, off...
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Germany has signed long-term LNG offtake agreements with Canada's Ksi Lisims project, seeking energy security and supply diversification amid heightened geopolitical risks.
Despite the deals, Canadian LNG may never physically reach Germany due to geography, shipping economics, and the lack of Atlantic Coast export infrastructure.
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