Advertisement
Bloomberg

Oil Tops $100, Stocks Slump as Iran War Escalates: Markets Wrap

Oil Tops $100, Stocks Slump as Iran War Escalates: Markets Wrap

Crude oil climbed above $100 a barrel for the first time since 2022 and stocks retreated as escalating hostilities in the Middle East and worsening strain on oil shipping and infrastructure have investors bracing for fresh turbulence. The dollar advanced and Treasuries fell.

B

Source

Bloomberg

Read full article at Bloomberg

Opens original article in a new tab

Advertisement

Related Economy Stories

Advertisement