Brent moves toward $100 as Middle East tensions spur inflation worries
Brent crude rallied toward $100 per barrel, helping keep Asian stock markets subdued as attacks intensified in the Middle East and raised inflation concerns ahead of U.S. consumer price data.
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02:27:58 AM UTC
SquawkNews
By Sethuraman N ROil prices rose for the fourth straight session, gaining more than $1 in early trade on Wednesday after renewed attacks across the Middle East heightened worries about supply disruptions.Brent crude futures ICEEUR:BRN1! rose 1.4%, to $99.33 a barrel by 0212 GMT, while U.S. West Tex…
S. consumer price data. The yen strengthened toward the nearly s…