Markets in meltdown after Trump threatens major escalation in the war against Iran
News Source : Fortune
News Summary
- S&P 500 futures were down 0.85% prior to the open in New York.
- The Stoxx Europe 600 fell 2.27% in early trading.
- The metal has declined 20% from its recent high.
- At least 40 oil or gas sites have been hit in the Middle East, according to International Energy Agency chief Fatih Birol.
- Half of Shell’s Pearl gas facility in Qatar, one of the biggest on the planet, will be down for a year.
Oil was above $113 per barrel this morning and there is another massive global selloff in the equity markets underway S&P 500 futures were down 0.85% prior to the open in New York. The index clo [+5341 chars]
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