India, Sept. 9 -- European stocks tumbled on Wednesday as escalating tensions in the Middle East pushed up oil prices sharply, raising concerns about inflation and potential interest rate hikes by central banks.
Tensions escalated in the Middle East after U.S. forces destroyed five Iranian tankers and Tehran retaliated by launching missile strikes in Jordan.
Brent crude futures climbed to $101.58 a barrel, hitting a multi-month high
For comments and feedback contact: editorial@rttnews.com
Published by HT Digital Content Services with permission from RTT News....