Here's what smart people are saying about what the failed US-Iran peace talks and Trump's blockade mean for markets markets.businessinsider.comWall Street futures drop after US-Iran peace talks fail ReutersEuropean markets open the week lower and travel stocks plunge as Iran peace hopes fade CNBCCollapse of US-Iran talks heightens fears of prolonged energy shock The Guardian
The stock market is now too big to fail, Bank of America's Michael Hartnett reckons. So no rate increases before the midterms and a Sino-American detente in May
Oil jumps above $100 as US to blockade Iranian ports after peace talks fail BBCAsia markets open lower as oil surges after U.S. moves to blockade Iran ports CNBCOil prices surge after Trump says U.S. will blockade the Strait of Hormuz NBC NewsOil Jumps, Stocks Drop on US Plan to Block Hormuz: Markets Wrap Bloomberg.com
