Oil prices spike again, shares drop after U.S. strikes Iran
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Article Excerpt
World shares declined Thursday following more of what the U.S. military said were defensive strikes against Iran. Oil prices gained more than $2 a barrel after having dropped sharply a day before. In early European trading, Germany’s DAX was nearly unchanged at 25,175.63 and the CAC 40 in Paris lost 0.4 per cent to 8,172.84. Britain’s FTSE 100 slumped 0.9 per cent to 10,416.62. The futures for the S&P 500 and the Dow Jones Industrial Average edged 0.1 per cent lower. U.S. officials said Central Command forces shot down four Iranian one-way attack drones that posed a threat near the Strait of H…
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May 29, 2026
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