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Stock futures fall, oil prices rise after U.S. strikes on Iran
Helima Croft, RBC Capital Markets' global head of commodity strategy, joins MSNBC for a conversation about the economic fallout of the United States' decision to strike three Iranian nuclear sites. She discusses the possibility of the Iran closing the Strait of Hormuz and wider impact on Iran and beyond.
The S&P 500 rose 1%, while U.S. oil futures fell 7.2%. Energy was the worst-performing stock sector.
Disruption to the Strait of Hormuz could cause oil prices to soar above $100 per barrel, according to one estimate.
FOX 5 Atlanta on MSN20h
Gas prices on the rise in Georgia, future uncertainGeorgia drivers are seeing higher prices at the pump this week, with the average cost of regular unleaded gasoline rising to ...
ABP News on MSN9h
India Faces Higher Energy Costs, Wider CAD If Oil Prices Rise: ICRAIndia imports crude from Iraq, Saudi Arabia, Kuwait and the UAE, which is routed through the Strait of Hormuz, and it ...
The American economy faces the unwelcome prospect of reignited inflation after the United States launched strikes on three ...
A key concern for markets would center around the potential impact of the developments in the Middle East on oil prices and ...
13hon MSN
Global crude prices jumped on Sunday but have since retreated. Here's what experts say about the outlook for oil and gas.
The U.S. attack on Iranian nuclear facilities Saturday night has raised the risk that oil prices surge into the triple digits ...
Any disruption to tanker traffic in the Strait of Hormuz would have significant economic effects, especially for Asian ...
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