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Cryptos drop over 4% as Middle East conflict intensifies
Major cryptocurrencies lost footing on Friday, tumbling more than 4% as the crisis in the Middle East seemingly affected the appetite for risky assets.The geopolitical tensions in the region intensifi
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The UN chief warns that the Middle East is on the brink of a "large-scale regional conflict".
2024-04-19 05:35:17 A. Guterres also indicated that Israel’s military offensive against Hamas attackers in the Gaza…
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Oil price could exceed $100 a barrel if Middle East conflict worsens, World Bank warns
Increase in cost of crude could drive inflation up and force central banks to keep interest rates high• Business live – latest updatesA serious escalation of tensions in the Middle East would push the price of oil above $100 (£80) a barrel and reverse the recent downward trend in global inflation, the World Bank has said.The Washington-based institution said the recent fall in commodity prices had been levelling off even before the recent missile strikes by Iran and Israel – making interest rate...