The Dow Plunges 500 Points as Fears of Renewed Middle East Fighting Send Oil Soaring
4 Articles
4 Articles
US stock markets are still falling today: the Dow Jones is down more than 500 points, with only tech stocks trying to make a slight rise. Oil prices have skyrocketed due to escalating tensions in the Middle East: Brent has already reached a high of $117 per barrel, not seen since December last year.
The US and Israel seem to be planning new attacks on Iran, and the rising oil price is also pushing investors' mood. At the same time, the reporting season is actively continuing.
Oil prices rose on fears of a wider conflict in the Middle East and a possible renewal of US attacks on Iran. Brent crude futures were up 3.2% by 11 a.m.,… The article Oil prices rise again on world stock exchanges appeared first on Business and Finance.
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