GLOBAL MARKETS-Stocks Fall as Middle East Stalemate Boosts Oil
6 Articles
6 Articles
The impasse in US-Iran talks has brought back the nightmare of a new energy shock. Brent crude oil prices have surged above $108 a barrel, government bond yields have soared and stock markets have come under pressure as investors fear a prolonged crisis in the Strait of Hormuz could turn into a […]
US stocks fell and US Treasury yields rose again as hopes for immediate progress in talks to end the war with Iran faded. Rising oil prices kept concerns about accelerating inflation in the red. The ongoing impasse in the Middle East conflict […] The post Energy shock: Oil exceeds $108 – Strong pressure on stocks and bonds appeared first on iEidiseis.
Oil surges above $108 due to Middle East crisis, fueling fears of new interest rate hikes
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