Trump Says Oil and Stocks Moved Less Sharply Than He Expected After Iran War
Trump said he had expected a bigger rise in oil prices and a steeper stock market decline, but described the market reaction as less severe than anticipated.
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Terms & Concepts
Oil prices: The market price of crude oil, a key global commodity that often reacts quickly to geopolitical conflict and supply concerns.
Stock market: A marketplace for buying and selling shares of public companies, often affected by war, inflation expectations, and investor risk sentiment.