Oil prices rise sharply on Middle East tensions and US hurricane threat
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The Guardian – World
“Oil prices rise sharply on Middle East tensions and US hurricane threat”
Global bond market sell-off continues and stocks fall amid another wave of potential strikes against Iran Business live – latest updates Oil prices have risen sharply amid fears about escalating tensions in the Middle East and a squeeze on production from the threat of a hurricane off the US coast. Brent crude, the international benchmark, rose by 3.8% to $104 a barrel on Thursday, triggering a wave of selling in the global bond and stock markets. Continue reading...
Read at The Guardian – WorldReported by one source so far. It is confirmed when a second, independent source reports the same thing.