Global stocks fall as oil rises on reports of tanker damage

Asian and European stocks and US futures fell as oil prices rose after reports of damage to oil tankers. Iran said seven tankers were damaged in the Strait of Hormuz.

AI-written summary of 7 sources; every verified point is backed by a verbatim quote. How Iyan works

• Oil prices rose by more than 2%, and European markets opened lower.

  «World shares and U.S. futures have retreated after oil prices jumped more than 2%. European markets opened lower Thursday»

  Voice of Alexandria
• Seoul and Hong Kong indexes fell by more than 3%.

  «benchmarks in Seoul and Hong Kong fell more than 3%»

  Voice of Alexandria
• The decline followed a rise on Wall Street, driven by strong earnings from companies including SpaceX and Capital One.

  «U.S. stocks climbed, lifted by strong profit reports from SpaceX, Capital One Financial and other big companies.»

  Associated Press News
• Iran said seven tankers were damaged in the Strait of Hormuz.

  «Iran says 7 tankers were damaged in the Strait of Hormuz, and other Mideast news»

  thecanadianpressnews.ca

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