Story preview
Continue reading on the publisher site for the full article.
Read on publisher →Business Post Nigeria
News Atlas is free and independent. If it’s useful to you, you can support it with a coffee. ☕ Buy me a coffee
Coverage
Tone
Outlets covering it
13
in the last 3 days
First reported
3 days ago
12 outlets since
Countries
12 other outlets reported this story in the last 3 days.
Oil prices jumped 4% as renewed Middle East conflict and Hurricane Isaias disrupt global supply chains, pushing Brent and WTI crude higher.
Financial officials from around the world are gathering in Thailand this week as the Middle East war expands, amid what is described as the largest-ever shock to energy supplies and rising interest rates. Together, these factors pose serious risks to global economic growth, which is already slowing.
US Gulf producers shut in 1.3 million barrels per day as Hurricane Isaias approaches, while Middle East tensions drive global energy market volatility.