Middle East crisis live: Trump says he wants to ‘take the oil’ in Iran and could seize Kharg Island ‘easily’
US president tells Financial Times his ‘preference would be to take the oil’ but that ‘some stupid people back in the US say: “why are you doing that?”’Full report: Iran accuses US of plotting ground assault while publicly seeking talksAnalysis: what the Houthis’ entry into the Iran war means for the conflict and the wider regionOil prices rallied and stocks tumbled again on Monday as the Middle East crisis escalated with the entry of Yemen’s Houthis into the war and concerns the US will send in ground troops.The surge in oil prices and the prospect of an extended conflict put more pressure on equities amid fears about a surge in inflation that could hit the world economy. Continue reading...
US president tells Financial Times his ‘preference would be to take the oil’ but that ‘some stupid people back in the US say: “why are you doing that?”’
Full report: Iran accuses US of plotting ground assault while publicly seeking talks
Analysis: what the Houthis’ entry into the Iran war means for the conflict and the wider region
Oil prices rallied and stocks tumbled again on Monday as the Middle East crisis escalated with the entry of Yemen’s Houthis into the war and concerns the US will send in ground troops.
The surge in oil prices and the prospect of an extended conflict put more pressure on equities amid fears about a surge in inflation that could hit the world economy. Continue reading...
What's Your Reaction?
