Business
Oil Holds Gains as Iran Stokes Inflation Worries: Markets Wrap
- 1 min read - Source: Bloomberg
TOP SUMMARY
Oil held gains and Asian stocks were set to track Wall Street lower after the standoff between the US and Iran intensified, raising concerns that...
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Key points
- Oil held gains and Asian stocks were set to track Wall Street lower after the standoff between the US and Iran intensified, raising concerns that disruptions to energy supplies could accelerate inflation.
What happened
Oil held gains and Asian stocks were set to track Wall Street lower after the standoff between the US and Iran intensified, raising concerns that disruptions to energy supplies could accelerate inflation.