Oil extends rally after Iran attack, Hong Kong resumes surge

Oil extends rally after Iran attack, Hong Kong resumes surge …C0NTINUE READING HERE >>>

Fears over an escalation in the Middle East crisis after Iran’s attack on Israel have sent oil prices soaring.
Photo: Frederic J. BROWN / AFP
Source: AFP

Oil prices rose more than one percent Wednesday, extending the previous day’s rally, and safe haven gold pushed towards a record high after Iran’s missile attack on Israel ramped up fears about an escalation in the Middle East.

News of the launch rattled US and European traders and sparked a sell-off on most markets, though Asia fared slightly better, with Hong Kong resuming its China stimulus-fuelled rally as it reopened after a…

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