Oil Set for Weekly Drop as Risk-Off Tone Offsets Mideast Risks
Oil jumped on intensifying concerns about conflict in the Middle East, with Brent rallying above $90 a barrel in a sudden move higher.
Oil jumped on intensifying concerns about conflict in the Middle East, with Brent rallying above $90 a barrel in a sudden move higher.
Bitcoin sank as part of a wider retreat in cryptocurrencies amid a wave of caution across global markets sparked by Middle East tension.
Global markets were rocked by reports of fresh conflict in the Middle East that sent stocks lower while oil and haven assets including Treasures and the dollar rallied.
SK Hynix Inc. will have to contend with high expectations when it reports next week after solid earnings from the likes of Micron Technology Inc. cemented optimism about demand for artificial intelligence chips.
An explosion was heard early Friday in Iran’s central city of Isfahan, the semi-official Fars news agency reported, citing local sources.
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