Oil prices rise 5%, and Dow drops 500 points after Trump says ceasefire with Iran is 'over'
Source: NewsNation · Bias: Center
Summary
NEW YORK (AP) — Oil prices are rising, and stock markets are dropping worldwide Wednesday after President Donald Trump raised doubts about the temporary truce in the war with Iran. The S&P 500 fell 0.3% after Trump said the agreement to pause fighting was “over,” though he added that he would allow negotiations to continue. [...]
Related Coverage
- 'Let's Just Finish the Job': Trump Confirms Iran Strikes to Likely Come Wednesday Night (Right — RedState)
- Daily on Energy: Ceasefire over, Trump backs Texas transmission, and Arizona mining (Center Right — Washington Examiner)
- Oil Climbs as Trump Threatens Iran Strikes, Blockade | Bloomberg Businessweek Daily 7/8/2026 (Center — Bloomberg Politics)
- Trump asks Supreme Court for rehearing over $5M E Jean Carroll civil judgment (Right — Latest Political News on Fox News)
- Iran’s ‘golden weapon’ of Strait of Hormuz became a greater priority than its nuclear program — here’s how (Right — New York Post)
- 'Now you've FORCED us': Homan says NY governor's effort to protect illegal aliens will BACKFIRE in Glenn Beck interview (Right — Blaze Media)
- Trump suffers stinging defeat as judge orders $5M payout to sex abuse accuser and rejects last-ditch delay (Right — US Politics: Latest News, Comments and Breaking Stories | Mail Online)
- Judge who helped illegal immigrant evade ICE walks away with $5,000 fine, no prison time (Far Right — BizPac Review)
Daily Analysis
Read the full Parallax Pulse for July 8, 2026 — an AI-powered analysis of how Left and Right media covered the biggest stories this day.
More Headlines From July 8, 2026
- President Trump Announces the End of Sanctions on Turkey (Far Right)
- ‘Stupid and lazy’ people won’t get ahead: Bill O’Reilly (Center)
- Breaking down the Graham Platner allegations, pressure from Democrats (Center)
- Congressional staffers call on leaders to overhaul sexual misconduct rules (Center)
- Iran targets military sites in Bahrain, Kuwait after wave of US strikes (Right)








