Crude prices rise on US-Iran strikes, equities mixed

HONG KONG – Oil prices spiked more than 2% yesterday after a fresh flare-up in the US-Iran war, while stocks were mixed as hawkish comments from Federal Reserve boss Kevin Warsh saw investors ramp up bets on a US interest rate hike. With inflation remaining stubbornly high, largely on the back of elevated energy costs,... The post Crude prices rise on US-Iran strikes, equities mixed appeared first on New Era .