Stocks Fall on Wall Street as US Oil Price Briefly Hits $130
Stocks are falling in morning trading on Wall Street, as more gains for oil prices threaten to worsen the world’s already high inflation.
Stocks are falling in morning trading on Wall Street, as more gains for oil prices threaten to worsen the world’s already high inflation.
Russia’s invasion of Ukraine and retaliatory sanctions from the West may not portend another global recession. Yet the conflict threatens to inflict severe economic damage on some countries and industries, from food supplies for millions to world energy and financial markets.