US stocks today: Oil jumps nearly 5%, shares tumble as Trump declares Iran ceasefire 'over'

Global stock markets fell and oil prices surged on Wednesday after US President Donald Trump cast doubt on the temporary truce in the Iran conflict, raising fears that renewed fighting could disrupt global energy supplies.

Jul 8, 2026 - 19:00
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US stocks today: Oil jumps nearly 5%, shares tumble as Trump declares Iran ceasefire 'over'
Global stock markets fell and oil prices surged on Wednesday after US President Donald Trump cast doubt on the temporary truce in the Iran conflict, raising fears that renewed fighting could disrupt global energy supplies.

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