Oil jumped as rising tension in the Middle East and North Africa halted output and exports from key OPEC producers Iraq and Libya.
Futures in New York and London rose more than 1.5%. Iraq temporarily stopped output at an oil field on Sunday and supply from a second site is at risk as widespread unrest escalates in OPEC™s second-biggest producer. In Libya, National Oil Corp. declared force majeure after Commander Khalifa Haftar blocked exports at ports under his...
Tokyo stocks opened higher on Monday, with investor sentiment buoyed by fresh record-setting advances on Wall Street.
The benchmark Nikkei 225 index gained 0.19 percent or 46.64 points to 24,087.90 in early trade while the broader Topix index was up 0.35 percent or 6.05 points at 1,741.49.
The dollar began the week on a fir