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Trump: Stock markets hit new highs amid economic confidence
U.S. President Donald Trump stated that the stock market is reaching unprecedented record levels as a result of investors' perception that America is achieving victories. The Dow Jones and S&P 500 indices rose, while oil prices declined after Brent crude dropped by 5.26% to $79.36 per barrel. This comes amid reports of progress in negotiations between Iran and Oman regarding the management of the Strait of Hormuz, with expectations of a potential deal with Iran. Trump also emphasized that nothing will be passed to Iran unless there is consensus and an agreement is reached, amid increasing tensions related to the strait and the Iranian economy.
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