
Renewed US-Iran Tensions Spike Oil Prices and Trigger Asian Market Selloff
Escalating military tensions between the United States and Iran have pushed crude oil prices above $95 per barrel while triggering sharp declines in Asian equity markets. South Korean stocks fell nearly 4 percent as investors reassessed geopolitical risks and energy supply outlooks.
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(2nd LD) Seoul shares tumble 4 pct on renewed U.S.-Iran tensions; won strengthens
SEOUL, Sept. 2 (Yonhap) -- South Korean stocks tumbled 4 percent Wednesday as re...
By Kim Boram
Read full article →Oil prices rise above $95 as US-Iran tensions fuel supply concerns
Brent crude, the global benchmark for oil prices, rose 5.38 per cent to $95.36 per barrel on Tuesday as renewed tensions between the United States and Iran heightened fears of supply disruptions from the Middle East. The post Oil prices rise above $95 as US-Iran tensions fuel supply concerns appeared first on Vanguard News.
By Ayobami
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