Oil tops $100, dollar gains, stocks fall as US moves to blockade Iran
By Tom Westbrook and Amanda Cooper Oil prices surged on Monday as the U.S. moved to impose a blockade on Iranian shipping after the collapse of weekend peace talks, while the dollar rose and stocks and bonds fell. The U.S. move, aimed at putting pressure on Tehran, leaves a fragile ceasefire…
By Tom Westbrook and Amanda Cooper Oil prices surged on Monday as the U.S. moved to impose a blockade on Iranian shipping after the collapse of weekend peace talks, while the dollar rose and stocks and bonds fell. The U.S. move, aimed at putting pressure on Tehran, leaves a fragile ceasefire…
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