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Global stocks and oil prices fall amid Middle East tensions

Stocks in Asia and on Wall Street fell, and oil prices rose, driven by geopolitical tensions in the Middle East and concerns over inflation.

17 Aug, 22:07 — 17 Aug, 22:07
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bloombergHigh12h ago

Asia Stocks to Fall, Oil Extends Gains on Mid East: Markets Wrap

Stocks in Asia were set to follow Wall Street lower as elevated oil prices stoked inflation concerns and hopes faded for a deal to end the Iran war.

By Rob Verdonck

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Coverage Timeline

First report: bloomberg · 17 Aug, 22:07Full coverage: 2 · 7hWindow: 7h
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bloomberg17 Aug, 22:07First to report

Asia Stocks to Fall, Oil Extends Gains on Mid East: Markets Wrap

7h later
seeking-alpha18 Aug, 05:20Latest update

Asian stocks decline following Wall Street sell-off as Middle East hopes fade; oil tops $85

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