Oil surges over 7%, stocks slide as Iran-US naval flare-up unsettles markets

Oil, miniatures of oil barrels, oil pump jack and US dollar banknote are seen in this illustration taken on June 6, 2023. — ReutersBrent crude oil jumps ~7% to $96.85 in early Asian trade.S&P 500 futures fall ~0.9% as risk sentiment weakens.Euro slips 0.3%, yen eases ~0.2% against US…

Related posts:

Small reduction in fuel prices expected from Sept 1 As US tariffs bite, India slashes consumption tax to boost domestic demand PVARA, UAE delegation discuss tokenising real estate and public assets Govt hikes petrol, diesel prices by nearly Rs27 per litre