Oil prices have risen after two bases hosting US troops in Iraq were hit by ballistic missiles.
Brent crude was up by 1.4% at $69.21 per barrel in the middle of the Asian trade, easing back from earlier gains.
So-called safe haven assets, like gold and the Japanese yen, also rose on the news.
At the same time global stock prices were sent lower on concerns over the growing conflict in the Middle East.
Japan’s benchmark Nikkei 225 stock index fell by 1.3%, and Hang Seng in Hong Kong was down 0.8%.
Iranian state television said the attack was a retaliation for the killing of the country’s top commander Qasem Soleimani.
Brent Crude Futures – North Sea – Mar20
Source: WebFG – 8th Jan 2020
That could disrupt shipping in the world’s busiest sea route for oil, the Strait of Hormuz. Around a fifth of global oil supply passes through the stra
- Final year SHS student allegedly commits suicide at Barkoniaba
- DCOP Opare Addo vows to take action against Delta Force following his attempted forceful removal from office
- We pay ‘big money’ taxes and yet they burn our equipment – XtraGold Mining Company
- Singer kicks fan for touching her inappropriately
- ‘The system has failed us again’ – Father of 12-year-old who died due to unavailability of ambulance service
- NSMQ 2021: Archbishop Porter Girls’ outshines St Augustine SHS to qualify for National championship
- Ayew gives Swansea narrow lead over Barnsley in Championship play-offs
- Police await final report on 2-year-old boy sacrificed by father
- Banks to soon adopt only National ID card as primary source of identification
- Those who created the national security monster have lost control – Kwasi Aning
GOtv launches M-Net Movies Pop-up channel to celebrate African film
Ghana’s democracy is veering into the arena of anarchy and tyranny – Koku Anyidoho
Protect your rich cultural heritage – France Ambassador to Ghana tells Ghanaians
Naomi Campbell, 50, welcomes first child
Bright Philip Donkor: Ejura prison; The Church of Pentecost is a first class cooperate citizen
Residents of Abrokyire carry woman in labour on wooden door due to poor road
Amaliba withdraws as lawyer for Assin North MP
Good governance hinges on the rule of law – NCCE
10 year old boy dies after eating poisoned khebab meant for woman’s ex-lover
My uncle hired dummy National Security operatives to terrorise me – Man recounts
Ex-Doe and I got rich because of our beef – Rapper Chicago
6,000 university staff workers lay down tools
AABN donates 100 copies of entrepreneurship manual to DTI Community Innovation Business Community
EBID Grants $50m facility to Consolidated Bank Ghana Limited
I sing from the heart – Kofi Kinaata opens up on songwriting skills