The information provided on EL7.AI is for educational and informational purposes only and does not constitute financial advice.
The information provided on EL7.AI is for educational and informational purposes only and does not constitute financial advice.
Oil prices rose and U.S. stock futures slipped on July 12 following tit-for-tat military strikes between the U.S. and Iran over the weekend. The two nations are currently disputing whether the Strait of Hormuz remains open to maritime traffic after the latest round of strikes. These events highlight increasing military tensions in the region and their immediate impact on global financial markets.