Energy Prices
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5 Must-Knows Before Tuesday’s Market Opens
Global markets are bracing for a sharp downturn as escalating conflict in Iran intensifies, impacting energy supplies and causing significant travel disruptions. The Strait of Hormuz closure has sent oil prices soaring, with European natural gas futures also spiking. Domestically, the US faces its first midterm primary elections today. Corporate news includes Target’s mixed earnings, Apple’s new product launches, and potential consolidation in the streaming sector with Paramount’s interest in Warner Bros. Discovery.