Benchmark Brent crude hits $100, shaking markets and fuelling concerns over rising inflation pressures worldwide.
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The price of crude oil hit a seven-week high after the U.S. said it blew up five more Iranian oil tankers, triggering retaliation from Tehran.
Brief by WorldPing · Original reporting by CBS News
Markets reacted after the U.S.military reported striking five Iranian tankers in response to attempted missile attacks on a Navy warship and after attacks by an Iranian-backed Houthi rebel group ignited fires at oil facilities in Saudi Arabia…
Brief by WorldPing · Original reporting by The Hindu
WorldPingThere is mounting concern over the impact of intensifying hostilities in the Middle East on the global economy, as oil prices topped $100 a barrel again.
Brief by WorldPing · Original reporting by Sky News
WorldPingBrent crude up by about 3% after latest fire between US and Iran in Gulf and Houthi attacks on Saudi cities Business live – latest updates The price of oil has risen above $100 a barrel for the first time since July as the escalating conflict in the…
Brief by WorldPing · Original reporting by The Guardian
WorldPingThe Japanese yen extended its rally against the greenback, briefly strengthening past 153 per dollar.
Brief by WorldPing · Original reporting by CoinDesk
WorldPingGermany's chancellor clashes with AfD leader Alice Weidel, saying her migration policy amounts to "ethnic cleansing" for skilled workers.
Brief by WorldPing · Original reporting by BBC News
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