Politics
Oil clears the $100 mark as markets wobble and Europe trims losses
Oil tops $100 as tensions linger and stocks swing; Europe steadies a bit while Wall Street opens softer.
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Oil tops $100 as tensions linger and stocks swing; Europe steadies a bit while Wall Street opens softer.
Asia braces for an energy shock as Iran’s oil and gas flows face disruption, threatening prices and supply chains across the continent.
Around 1,000 ships worth over $25 billion are stalled near the Strait of Hormuz, a vital oil chokepoint, as tensions rise and insurance premiums soar.