Macro Finance
Oil Gains, Treasuries Fall as Trump Rebuffs Iran: Markets Wrap
Bloomberg Markets·September 27, 2026·1 min read
Oil rose and bonds fell after President Donald Trump rejected Iran's latest proposal to reopen the Strait of Hormuz, reigniting Middle East tensions that have roiled global debt markets. The move underscores ongoing supply concerns and geopolitical risk, driving energy prices higher while pressuring fixed-income assets.
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