Oil prices jump 7% and stocks drop
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Barclays and Natwest were up nearly two per cent and Lloyds over one per cent during early trading as oil prices crept up another one per cent to $74.90 a barrel
Stocks in Asia rose on Monday as investors shifted their focus to news closer to home following a weekend dominated by an escalating conflict between Israel and Iran.Most Read from BloombergShuttered NY College Has Alumni Fighting Over Its FutureAs Part of a $45 Billion Push,
Oil prices rose as a U.S.-China trade deal and soft inflation report boosted demand expectations while concerns about political instability in the Middle East sparked fears of supply disruptions. West Texas Intermediate futures contracts,
NEW YORK — Oil prices are creeping higher and raising concerns about the impact on inflation’s cooling trajectory, consumers’ wallets and the Federal Reserve’s interest rate policy.
International crude oil prices jump as Israel-Iran conflict sparks fears of inflation and supply issues in India and global markets
Crude oil futures rally on Iran’s infrastructure hits. Traders eye $90 Brent as geopolitical risk premium returns and supply concerns grow.