Global Markets and the Iran War
Practice your English reading and vocabulary skills with this interactive business news exercise.
Global stock markets showed mixed reactions as investors closely watched the Iran war, rising oil prices, and talks between President Donald Trump and Chinese President Xi Jinping. Markets remained unstable because many traders worried the conflict could continue for a long ______.
Oil prices increased sharply after President 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 Wall Street, although investors remained nervous about future economic ______.
Asian stock markets reacted differently. Japan and South Korea saw gains connected to technology investments, while 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 use its influence to help reduce tensions and reopen important oil shipping routes near the Strait of ______.
Analysts explained that investors are paying close attention to every new development because financial markets can change quickly during international conflicts. 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 the ______.
