The cost of crude oil hit its highest levels in months, as investors worried about diminishing oil supplies after reports that the Iranian-backed Houthi militia had captured a port city in Yemen.
Business
·
Oil Prices Surge as Fighting in Middle East Escalates
CN
CitrixNews Staff
Originally reported by New York Times. Read the full story at the original source.
Related Articles
Business
Wealthy investors seek oil and gas assets, but bargains are scarce
A version of this article first appeared in CNBC's Inside Wealth newsletter, a weekly guide to the high-net-worth i...
CitrixNews Staff
·
12 minutes ago
Business
European Central Bank Raises Rates in Bid to Quell Inflation
The bank, fighting price pressures spurred by the war in the Middle East, raised its benchmark rate to 2.5 percent.
CitrixNews Staff
·
45 minutes ago
Business
A $5,000 ‘Trump Dividend’? The Bond Market May Like a Word.
President Trump’s latest political gambit could cost more than $1 trillion, and further roil a volatile bond market.
CitrixNews Staff
·
1 hour ago
Business
NFL's Roger Goodell is playing the international long game ahead of league's Australia debut
MELBOURNE, Australia — The NFL is making history this week with its first-ever regular-season game in Australia, but Com...
CitrixNews Staff
·
1 hour ago