Global oil prices erase most gains after topping $98 a barrel as Iran announces end of current attacks after exchanging fire with Israel

MarketWatch·Jun 8

✦ NabkaNews BriefAuto-summarized from multiple outlets · verify with the source

Global oil prices rose to over $98 a barrel after exchanging fire with Israel, but then erased most of their gains. The decrease in oil prices occurred after Iran announced an end to its current attacks. The impact of these events on the stock market is unclear, with some reports indicating a comeback for major indexes and others focusing on various stocks and market sectors.

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Global oil prices erase most gains after topping $98 a barrel as Iran announces end of current attacks after exchanging fire with Israel

Full coverage

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