Once again, a Middle East conflict is pushing oil prices higher.
Oil prices rose roughly 3% Tuesday and continued advancing by nearly 1% Wednesday, as the U.S. government and its allies consider a military strike on Syria following the country’s suspected use of chemical weapons.
The conflict has left investors reeling, with global stocks selling off and investors rushing to safer havens, such as Treasuries, which are backed by the U.S. government. Read more
Categories: Americas, Economics, United States