Trump's 10-Day Iran Ultimatum and Credit Fears Rattle Markets

Donald Trump announced he will decide on military action against Iran within ten days, causing oil prices to surge and US stock indexes to fall.Markets faced further pressure after Blue Owl Capital sold $1.4B in loan assets, while Swedish firm Klarna saw its shares plummet 27% following a weak report.Amid these shifts, Sam Altman and Brad Smith discussed OpenAI and industry competition in India as Japan reported its lowest inflation rate since 2022.