Oil price rises, stocks and the shekel fall as war rattles markets
Oil prices surged while stock markets and the Israeli currency fell at the start of the week as investors reacted to war between Hamas and Israel.
Source: cnn.com
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Oil price spikes on Israel war. Here's what a wider conflict might mean
Global oil prices climbed 4% Monday over fears that the unprecedented weekend attack on Israel by Hamas could escalate into a regional conflict embroiling oil-producing nations.
Source: cnn.com
Gold is losing its dazzle as bond yields and the dollar surge
Gold is facing tough competition this year as the preferred haven for cautious investors.
Source: cnn.com
Chevron workers at key LNG facilities in Australia vote to restart strikes
Union members have voted to restart industrial action at Chevron’s liquefied natural gas facilities in Australia, threatening renewed strikes that could disrupt about 7% of global LNG supply.
Source: cnn.com
Russia waters down its ban on diesel exports
Russia’s government announced Friday that it had largely reversed a ban on diesel exports imposed just two weeks ago in an attempt to stabilize domestic fuel prices.
Source: cnn.com