Crude stable after Israel-Iran surge, Hong Kong stocks resume gains

Crude stable after Israel-Iran surge, Hong Kong stocks resume gains

Crude stable after Israel-Iran surge, Hong Kong stocks resume gains …C0NTINUE READING HERE >>>

Oil prices spiked after President Joe Biden said he was ‘discussing’ possible Israeli strikes on Iranian oil sites.
Photo: Kent Nishimura / GETTY IMAGES NORTH AMERICA/Getty Images via AFP
Source: AFP

Oil prices stabilised Friday after soaring on fears about the Middle East crisis as investors await Israel’s response to Iran’s missile attack, while shares in Hong Kong resumed their rally on a mixed day for equity markets.

Speculation about Israel’s response to the scores of missiles fired at it on Tuesday has stoked concern that the region could erupt into a wider conflict that…

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