Photo: JAM STA ROSA / AFP
Stock markets slumped as energy prices soared on Monday (all times local) as supply disruptions from the Middle East war drove volatility and fanned inflation fears.
Oil prices rocketed above $100 a barrel for the first time since Russia's invasion of Ukraine in 2022, as Iran carried out retaliatory strikes against crude-producing Gulf nations.
United States President Donald Trump said at the weekend that the price spike was a "small pr
Continue Reading on RNZ
This preview shows approximately 15% of the article. Read the full story on the publisher's website to support quality journalism.