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Global markets slide as US-Iran tensions lift oil, bond yields
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- Published
- Sep 28, 2026, 8:28 AM UTC
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Global markets came under renewed selling pressure Monday as US-Iran tensions intensified after President Donald Trump turned down Tehran’s proposal for a seven-day ceasefire aimed at restoring shipping through the Strait of Hormuz. The development pushed Brent crude higher and kept investors focused on rising energy…
The dollar traded largely flat against major currencies in New York foreign exchange on the 28th. With crude oil prices climbing amid the U.S.-Iran…
The euro was a shade weaker at $1.1386, hovering near two-month lows against the greenback and on course for a 2% decline in September