Crude Prices Rise on US-Iran Strikes, Equities Mixed After Warsh Remarks
17 Articles
17 Articles
Brent crude jumped about 3 percent to above $90 a barrel on Monday in response to the exchange of military strikes between the United States and Iran overnight, with the United States reportedly striking Iranian missile launchers that could have been used to mine the Strait of Hormuz.
The largest increases in the Portuguese stock exchange go to Galp Energia, which values 1.44% for the 21.13 euros, followed by Banco Comercial Português (BCP) which rises 0.49% for the 1.12 euros, and Ibersol advances 0.39% for the 10.40 euros.
Crude prices rise on US-Iran strikes, equities mixed after Warsh remarks
Oil prices spiked Monday after a fresh flare-up in the US-Iran war, while stocks were mixed as hawkish comments from Federal Reserve boss Kevin Warsh saw investors ramp up bets on a US interest rate hike.
Oil Prices Rise, Stocks Drop As US, Iran Resume Strikes
The news revived concerns about the conflict, with attempts at peace talks appearing to be going nowhere and the strait -- through which a fifth of global crude and gas passes -- largely closed. The post Oil Prices Rise, Stocks Drop As US, Iran Resume Strikes appeared first on Channels Television.
Oil Prices Jump More Than $1 as US-Iran Strait of Hormuz Clash Deepens
Oil prices rose by more than $1 per barrel on Monday after military tensions between the United States and Iran escalated in and around the Strait of Hormuz, raising fresh concerns over global energy supplies and the security of one of the world’s busiest oil shipping routes. Reuters reported that global oil markets reacted after […] The post Oil Prices Jump More Than $1 as US-Iran Strait of Hormuz Clash Deepens appeared first on Khaama Press.
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