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Stocks sink as oil rally fans inflation and rate hike fears
Asian stocks fell Thursday as oil prices extended gains a day after breaking the psychological $100 barrier on the back of resurgent Middle East hostilities that have fanned inflation fears.
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france24.com
Brent oil passes $100 on Mideast flare-up, stoking inflation worries
International oil benchmark Brent spiked above $100 a barrel Wednesday for the first time since late July following renewed US-Iran hostilities in the Middle East, stoking fears…
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dailysabah.com
Oil prices near $100 on fresh Middle East flare-up
Oil prices jumped slightly over 1% on Wednesday to near the $100 mark and stocks struggled as a fresh flare-up in the Middle East crisis renewed supply...
