Energy Markets
Oil and stock prices are rising as investors look to Iran. The yen is at a 40-year low against the dollar
The global stock market index rose Monday, as investors watched the implementation of the interim peace agreement between Iran and the U.S. Oil prices also rose as tit-fortat attacks highlighted the risk of escalation. Wall Street was the biggest gainer, with technology shares recovering after last week's fallout due to concerns about AI spending. After several days of attacks in the Middle East, after an Iranian projectile struck a cargo ship in the Strait of Hormuz on last week, both sides have accused each other of violating an interim ceasefire. Brent and WTI crude oil both rose on the day,...