NEW YORK: U.S. stocks closed higher on Monday, as oil prices retreated after the Israel-Iran attacks left crude production and exports unaffected, easing investor concerns about the potential for higher energy prices to stoke inflation. Crude prices settled down more than 1% on hopes a truce was on the horizon between Israel and Iran after days of missile strikes, as Iran called on U.S. President Donald Trump to force a ceasefire in the four-day-old aerial war, while Israel’s prime minister said his country was on the “path to victory.” Read full story
Date: 17 June, 2025 9:02 am
Source: thestar.com.my
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