Global Markets and Iran War - Article Gap Fill Exercise
Choose the correct word or article to complete the sentences.
Global stock markets showed mixed reactions as investors closely watched Iran war, rising oil prices, and talks between Donald Trump and Xi Jinping.
Markets remained unstable because many traders worried the conflict could continue for long time.
Oil prices increased sharply after Trump rejected Iran’s latest proposal related to ceasefire discussions. Brent crude oil climbed above $105 per barrel, creating concerns about inflation and higher transportation around the world.
Despite concerns about the war, some American stock indexes continued to reach record highs. Technology companies and artificial intelligence stocks helped support during the week.
Asian stock markets reacted differently. Japan and South Korea saw gains connected to investments.
Other markets experienced losses because of worries about oil prices and global trade .
During his visit to Beijing, Trump discussed trade, Taiwan, and the Iran war with Chinese President Xi Jinping. The United States hoped China could help reduce tensions and reopen important oil shipping routes near Strait of Hormuz.
Analysts explained that financial markets can change quickly during international .
Many experts warned that higher oil prices could increase inflation and create more economic pressure for businesses and .
Although markets remained relatively strong overall, uncertainty about the Iran war continued to influence global business decisions, stock prices, and energy markets throughout week.
Correct Answers
1. the Iran war
2. a long time
3. transportation costs
4. Wall Street
5. technology investments
6. trade disruptions
7. the Strait of Hormuz
8. international conflicts
9. businesses and consumers
10. the week
