Playbook PM: Iran launches retaliatory strikes on U.S. base ...
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Stocks rise after Iran's retaliatory strikes on U.S. base in Qatar
Stocks rise after Iran's retaliatory strikes on U.S. base in Qatar Investors experienced some whiplash on Monday as stocks shot up following Iran's retaliatory attack on a U.S. base in Qatar. CBS News MoneyWatch correspondent Kelly O'Grady has the details.
The Iran Retaliatory Strike on the U.S. Airbase in Qatar: A Page from the De-Escalation Playbook
On June 23, 2025, Iran launched a missile attack on the Al Udeid Air Base in Qatar, a key U.S. military hub in the Middle East, in retaliation for U.S. airstrikes. The strike, described by Iran’s military as “devastating and powerful,” sent ripples through global markets, particularly in the energy sector. Yet, rather than spiking, oil prices plummeted—WTI crude dropped 5% to $70 per barrel, and RBOB gasoline spots fell 3.5%. Why? The markets ar…
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