Breakfast News Recap: Middle East tensions jolt oil markets as border strike, protests and elections dominate
Oil prices surged as escalating Middle East tensions threatened key supply routes, with Brent crude moving above $107 a barrel and West Texas Intermediate topping $102, a move that quickly fed through to global risk sentiment. πThat backdrop also sharpened concern around diplomacy and energy security, as Iran and Oman delayed planned Gulf talks and the United States opened G20 energy meetings in Houston promoting what it called energy abundance amid the disruption to fuel markets. π πOn the ground, Poland and Ukraine denounced Russian strikes close to the Polish border after a Kyiv Warsaw passenger train was hit about... [Continue Reading]
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