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West Texas Intermediate up 2% at $100.81/pb; Brent North Sea Crude up 3% at $106.20/PB; Tokyo-Nikkei 225, down 0.1% at 53,751.15; Hong Kong-Hang Seng Index up 1.5% at 25,834.02; Shanghai – Composite down 0.3% at 4,084.79
The post Oil rises above $100, most Asian stocks fall as Iran war rages appeared first on Vanguard News.
Oil prices kept rising as markets opened Sunday, with both benchmarks higher as the war in the Middle East disrupts global supplies.
The post Oil prices open higher as war in Middle East rages appeared first on Vanguard News.
Oil prices held gains above $100 Friday and most equity markets dropped after Iran’s leader called for the blocking of the crucial Strait of Hormuz and the opening up of new fronts in the war against the United States and Israel.
The post Oil holds above $100, stocks fall as Khamenei targets Hormuz appeared first on Vanguard News.
US President Donald Trump said Monday that he will waive some sanctions on oil to boost supply and bring down prices, due to market turmoil over war in the Middle East.
The post Trump says will waive some oil sanctions as Iran war roils markets appeared first on Vanguard News.