|
European stocks are expected to start the new trading week in positive territory despite the ongoing unrest in the Middle East and elevated global oil prices.
|
|
The U.S. strikes on Kharg Island and Trump's threat to hit Iran's oil infrastructure mark a major escalation in the war, according to JPMorgan.
|
|
Asia-Pacific markets fell as investors continued to monitor elevated oil prices and the latest developments in the escalating U.S.-Iran conflict.
| RELATED ARTICLES | | |
|
U.S. crude oil passed $100 per barrel Sunday, continuing its surge despite efforts by the Trump administration and allied countries to slow rising prices.
|
|
Global oil prices have soared as one-fifth of the world's supply normally transits the strait.
|
|