Oil Prices Rise, Stocks Fall Ahead of Trump's Tuesday Night Deadline for Iran

TL;DR

Oil prices rose, and stocks fell ahead of President Trump's deadline for Iran.
Trump threatened airstrikes on Iranian infrastructure if the Strait of Hormuz is not reopened.
U.S. gasoline prices reached their highest level since 2022 due to surging oil costs.
The stock market has been volatile due to uncertainty surrounding the Middle East conflict.
Analysts suggest investors are betting that Trump will avoid a large-scale escalation due to the high costs involved.

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