US President Joe Biden hopes for an end to fighting between Israel and Iran, while businesses are focusing on the upcoming election. The conflict has had significant economic implications, with global oil prices increasing due to concerns over supply disruptions. Both sides have been escalating tensions in recent weeks, leading to increased uncertainty in the markets.
Source: https://www.bloomberg.com/news/audio/2024-10-26/biden-hopes-israel-iran-fighting-over-businesses-eye-election-m2qfemis