Oil prices jump on Mideast war, stock markets diverge

🇸🇬 Channel NewsAsia (SG) —
Oil prices jump on Mideast war, stock markets diverge

AI Summary

Brent crude oil prices rose above $95 per barrel amid escalating tensions between the US and Iran, raising fears about potential supply disruptions. Stock markets reacted divergently as geopolitical instability impacted commodity markets in the Middle East.

Brent crude rose above US$95 a barrel for the first time in nearly six weeks amid fears of supply disruptions from escalating US-Iran tensions.

World Conflict Politics Markets Commodities Energy Brent crude oil prices Middle East tensions US-Iran conflict commodity markets stock market volatility

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