[MARKET UPDATE] Oil surges, stocks hit, dollar bid, T-notes and gold sold after Tasnim reports Iran decision not to attend Pakistan is final, while AP reports Vance has called off the trip
Every headline is on the live feed 20 minutes before this site.
Regional mediators, led by Pakistan, are racing to try to convince Iran to join talks with the U.S. in Islamabad this week, after Tehran said it won't send its delegation before the blockade on its ports is lifted, via WSJ
VP Vance's trip to Pakistan has been postponed indefinitely, Axios' Ravid reports citing a US source
[MARKET UPDATE] Oil surges, stocks hit, dollar bid, T-notes and gold sold after Tasnim reports Iran decision not to attend Pakistan is final, while AP reports Vance has called off the trip
US Vice President Vance calls off a trip to Pakistan, AP reports citing a US official
Iran's decision not to attend Pakistan on Wednesday is final, reports Tasnim
On the Newsquawk feed at , 20 minutes before this page.
Context
The news regarding Iran's final decision not to attend the Pakistan meeting, coupled with the cancellation of Vance's trip, could signal escalating geopolitical tensions in the region. This has likely spooked investors, leading to a surge in oil prices while simultaneously pushing stocks lower and increasing demand for safe-haven assets such as the dollar and gold. Watch for further market reactions as the situation develops, especially implications for oil supply stability and broader risk sentiment.
Related headlines
- [MARKET UPDATE] Crude benchmarks lift to session highs, gains of c. USD 2.00/bbl for WTI and Brent, to the continued detriment of fixed income, stocks and FX vs the USD1 day ago
- Two rockets were launched from the city of Tabriz in western Iran, Sabreen reports; Two missiles fired from Iran towards the Strait of Hormuz1 day ago
- Iran Foreign Ministry Spokesperson says Iran is ready to help peacefully resolve issues between Saudi Arabia and Yemen; has always been ready to use best efforts to help resolve the conflict1 day ago
- Fire has been reported in another violating tanker in the Sea of Oman, Mehr News reports1 day ago
- A Yemeni missile attack strikes Saudi's Yanbu port, Sabereen reports1 day ago
- US Market Wrap: Stocks hit as AI growth concerns weigh on sentiment 1 day ago
- TREASURY WRAP: T-NOTE FUTURES (Z6) SETTLE 2+ TICKS LOWER AT 105-14+1 day ago
- Saudi Civil Defence says a warning has been issued by the National Early Warning Platform in the Jazan1 day ago
- CRUDE WRAP: WTI (X6) SETTLES USD 3.44 HIGHER AT USD 101.41/BBL; BRENT (Z6) SETTLES USD 3.94 HIGHER AT USD 109.86/BBL1 day ago
- US Centcom says US has helped ship over 100mln bbls through Hormuz in the past seven days1 day ago
- Indian shipping official says a crude oil tanker was targeted by a missile in the Strait of Hormuz; official also notes the Romania incident on October 14th1 day ago
- Iran's Deputy Foreign Minister says that Saudi Arabia is yet to respond to the Iran response on mediation efforts relating to Yemen1 day ago
- US President Trump says Israel has been helpful to Saudi Arabia1 day ago
- US President Trump says he wants the Russia/Ukraine war ended; on Zelensky/Ukraine, says at some point I'll release details; I think it's good; will get a deal on nuclear arms with Russia and China1 day ago
- EU Council President says Russia actions point to escalation1 day ago
- US President Trump, when asked about the Ukraine starlink slowdown, says i did not slow it down1 day ago
- Saudi Civil Defense says danger has passed in Khamis Mushait Governorate.1 day ago
- Saudi Civil Defense issues warnings in Khamis Mushait governorate to alert of potential danger1 day ago
- The SNP-led Scottish government is set to drop its long-standing opposition to new oil and gas exploration in the North Sea, reports Politico1 day ago
- Kremlin says Russia is building a security zone which will not be part of any negotiation with Ukraine, Interfax reports1 day ago
The feed had this first.
Use the Platform