Asian markets dip as Gulf tensions, oil prices surge

Strait of Hormuz oil prices Iran

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Asian markets fell Monday amid escalating Gulf tensions and Iran's claim to have closed the Strait of Hormuz, sending oil prices up and reigniting global inflation fears.
Brent crude rose 3.3% to $78.50.

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Asian markets fell Monday amid escalating Gulf tensions and Iran's claim to have closed the Strait of Hormuz, sending oil prices up and reigniting global inflation fears. Brent crude rose 3.3% to $78.50.

Read the full article on The Independent World

مواضيع ذات صلة

Strait of Hormuz

مواضيعoil prices Iran US inflation Asian markets geopolitics

This article was originally published by The Independent World.

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المزيد حول هذا الموضوعStrait of Hormuz

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المزيد حول هذا الموضوعStrait of Hormuz