
Fears of Iran War Escalation Drive Stock Tumble and Crude Price Jump, Scarring Energy Markets
Fears of an escalation in the Iran conflict have caused stocks to tumble and crude prices to jump. The ongoing 'third Gulf war' is projected to have a lasting impact on energy markets, with residual risks and damaged infrastructure expected to keep prices elevated for an extended period.
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How War in the Middle East Paralyzed an Asian Food Giant
Vietnam, the world’s No. 2 rice exporter, cut production as power prices surged. Even with a temporary cease-fire in Iran, worries linger over the world’s food supply.
By Damien Cave and Linh Pham
Read full article →The third Gulf war will scar energy markets for a long time yet
Residual risks and ruined infrastructure will keep prices high
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