Middle East war: global economic fallout

Middle East war: global economic fallout

Here are the latest economic events in the Middle East war on Monday:- Stocks rise as oil prices cool -Global markets mostly rose as oil prices pulled back, with investors focused on the Strait of Hormuz, the Gulf waterway through which a fifth of global crude oil passes, where traffic has been severely disrupted by the war.International benchmark Brent North Sea crude dropped 2.8 percent to $100.21, while the main US contract West Texas Intermediate fell 5.3 percent to $93.50.- Drone strike spa...

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