Oil rises, stocks fall as Trump fails to ease fears about war economy – The Boston Globe

Gasoline prices have topped $4 a gallon since the start of fighting in the Middle East.

Comments: Oil prices rose after Trump’s speech, with Brent rising to $110 a barrel after briefly falling to $99 on Wednesday on hopes that he will soon make a deal with Iran. Stocks fell overnight in Asia and Europe, and opened higher in early trading in New York on Thursday. Stocks later rallied and ended … Read more

From Rise to Fall

From Rise to Fall

This is no ordinary power attack. Rising oil and LNG prices are underpinning the strengthening US dollar, greatly increasing the burden on export-dependent economies while others are under pressure. The result is an unbalanced, fragmented crisis in which demand shocks can arrive sooner and more strongly than expected, spilling beyond capacity into the wider global … Read more