Oil rises, stocks slip on fragile Mideast peace hopes

Taiwan

NEW YORK: Oil prices rose on Wednesday (Jun 3), edging closer to US$100 a barrel while stocks fell as further attacks between the United States and Iran dented hopes of an imminent peace deal. Wall Street indexes tumbled and European stocks were mostly in the red, following a mixed showing in Asia. The dollar firmed as oil prices flared amid the Middle East escalations despite a supposed ceasefire, with a drone strike on a passenger terminal in Kuwait's international airport killing one person

Oil rises, stocks slip on fragile Mideast peace hopes https://www.channelnewsasia.com/ - 02:44

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Oil rises, stocks slip on fragile Mideast peace hopes https://www.channelnewsasia.com/ - 02:44