Global stocks tumble after President Trump gives Iran a Monday deadline to open the Strait of Hormuz, raising fears of a sharp escalation. Energy prices jump and traditional safe havens falter, leaving investors with few places to hide.
Today’s recommended read: Trump's Iran war oil shield is cracking, Ron Bousso
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Aug 2024
Carmakers strain to navigate the next swerves
After responding to the unexpected success of $720 bln Tesla, older manufacturers now face rising China exports amid slower EV growth. In this Viewsroom podcast, Breakingviews columnists discuss how GM, VW and others – including governments – are handling the nascent trade war. R ... Show More
19m 19s