Chip stocks led a global sell-off, Netflix plunged on weak guidance, and U.S.-Iran tensions weighed on investor sentiment.
Brent crude traded above $90 a barrel and WTI gained more than 3 per cent as escalating US-Iran tensions and concerns over the Strait of Hormuz lifted global oil prices.
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Oil prices today: Crude falls to four-month low as Hormuz traffic improves, Iran supply outlook weighs on market
Crude oil prices extended their decline on Wednesday, falling to fresh four-month lows as signs of improving tanker movement through the Strait of Hormuz and expectations of increased Iranian exports ...
US-Iran peace deal: Oil prices steadied on Tuesday, 16 June, amid concerns that a preliminary agreement aimed at ending the conflict between the US and Iran lacked sufficient details. Market ...
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