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Trump's harsh Iran remarks shake markets; oil prices rise on geopolitical fears

Market News
10 Jun 2026
Erica Kollmann
View Source
Bearish
pluang ai news

President Donald Trump sharply criticized Iran's military and warned that stalled nuclear talks would have severe consequences, calling Iran a failed state. His comments caused U.S. stock futures to fall, with the S&P 500 and Nasdaq dropping, while defense stocks like RTX and Lockheed Martin gained. Oil prices surged over 1.3% amid concerns that renewed conflict near the Strait of Hormuz could disrupt global supply. Investors are bracing for increased market volatility, especially in energy and defense sectors, as tensions remain high.

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