Oil prices swing with stocks as traders keep tabs on Israel-Iran crisis

An electronic quotation board displays the Nikkei Stock Average on the Tokyo Stock Exchange in Tokyo on June 17, 2025.[AFP]

Oil prices and equities fluctuated Tuesday as investors weighed Donald Trump called for Tehran residents to evacuate and hopes that the conflict between Israel and Iran does not descend into all-out war.

While the crisis in the Middle East continues to instill uncertainty on trading floors as the two foes exchange deadly missiles strikes, talk that the Islamic republic wanted to make a nuclear deal was providing some optimism.