Global Markets: Trump says Iran “civilization will die tonight”

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Published: 6 hours ago

Glacier FarmMedia — The following is a glance at the news moving markets in Canada and globally.

  • As a deadline looms for Iran to reopen the Strait of Hormuz, United States President Donald Trump wrote on his Truth Social platform Tuesday morning that “a whole civilization will die tonight, never to be brought back again.” Trump added “I don’t want that to happen, but it probably will.”
  • World markets were showing volatility ahead of Trump’s deadline, with crude oil higher in early activity. The U.S. and Israel launched strikes against Iran, who promised retaliation.
  • The crew of Artemis II completed their trip around the Moon, breaking the record for the farthest distance humans have travelled from Earth. The capsule is now on its way back home and is expected to land on Friday.

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