|
A major escalation in attacks on energy infrastructure during the Iran war has sent oil prices higher and global stocks back into the red.
|
RELATED ARTICLES | | |
|
Asian technology stocks fell on Thursday as Iran's latest attacks on Qatar's Ras Laffan Industrial City and a surge in oil prices rattled investor sentiment.
|
RELATED ARTICLES | | |
|
Hedge funds are getting battered by a sharp spike in oil prices and a broad market selloff unraveling crowded trades as the Iran war continues.
|
|
In India, China and several other nations, Novo Nordisk is on the verge of losing patent protection for its blockbuster weight loss drug, opening the door for cheaper competing versions.
|
|
Residents of some areas have been without mains water for weeks.
|
|
The conflict continues to roil global energy markets. On Wednesday, an attack on Iran's South Pars gas field sent energy prices soaring.
|
|
Jerome H. Powell, the chair of the Federal Reserve, emphasized the high degree of uncertainty stemming from the conflict as he acknowledged the potential for surging energy prices to lift inflation and dent growth.
|
|
The strikes on a gas field in Iran and an industrial complex in Qatar appeared to be some of the most significant attacks on energy sites since the U.S.-Israeli air war against Iran began.
|
RELATED ARTICLES | | | | |
|
Also, oil prices jump after airstrikes hit a crucial energy site. Here's the latest at the end of Wednesday.
|
|
