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Oil Stabilises After Surge, Stocks Drop As Mideast Crisis Fuels Jitters

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Donald Trump sparked concern on markets after calling for Iran's 'unconditional surrender' AFP Oil prices stabilised Wednesday after surging the previous day on fears of a US intervention in the Israel-Iran conflict sparked by Donald Trump calling for Tehran's "unconditional surrender". Iran and Israel exchanged missiles for a sixth day, with the US president's latest comments appearing to dent hopes that the crisis in the Middle East could be calmed. Leaving the G7 summit in Canada a day early on Monday, Trump said he was aiming for a "real end" to the conflict, not just a ceasefire.

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