Record high diesel prices hit U.S. drivers as new attacks raise concerns about key global shipping routes.
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The Australian share market has erased nearly all of its opening gains and is still trading near a three-month low. Wall Street extended its sell-off as oil prices spiked on further signs of disruption in Saudi Arabian…
Saudi Arabia has cancelled some oil deliveries to Europe after attacks shut down its export pipeline to the Red Sea. Grouped from 4 articles across 3 sources.
Gold price fall nearly 2% as oil surge and near-5% Treasury yields bolster Fed rate-hike expectations - Kitco AM Report teaser image Grouped from 2 articles across 1 sources.
It comes after US Secretary of State Marco Rubio made a trip to South America last week, where he met with the conservative leaders of Peru, Colombia and Ecuador to pledge further support and cooperation.
Fuel prices will have to stay higher for a longer period of time before carriers consider raising ticket prices.
If these key gold price levels fail, expect accelerated near-term selling – TD Securities teaser image