Global markets turmoil intensifies on Iran war
Energy prices surged on Tuesday, sending stocks tumbling and the dollar rising as investors worried about inflation and the inability of central banks to help with interest rate cuts. World oil prices soared around nine percent and European natural gas prices rocketed for a second day running as the war disrupted Middle East exports. Brent North Sea crude, the international benchmark, topped $85 a barrel for the first time since July 2024. The US and Israeli attac...
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