Global Markets Find Relief as Trump Hints at De-escalation in Iran Conflict


This story, titled "Manus on Markets: Pressure eases after Trump’s comments on Iran war" First published on The National and was retrieved from its original source on November 10, 2026.
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The global financial system is experiencing a period of flux, marked by tariff turmoil, stock shocks, and market meltdowns. In this environment, Manus Cranny, The National's geo-economics editor, provides insights into the stories shaping global headlines.
Recent developments suggest a potential easing of pressure in international markets, particularly following comments from Donald Trump regarding the Iran conflict. Trump has signaled that the Iran conflict could potentially end, offering a glimmer of hope for de-escalation.
Meanwhile, global leaders are converging in Turkey for Cop31, emphasizing the need for tangible solutions rather than further pledges. This comes as the constant state of danger in the Strait of Hormuz continues to take a toll on shipping crews.
In legal news, the Abu Dhabi court has found NMC Health founder Dr. BR Shetty liable in a case involving $5.39 billion.
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Economy