5071: Oil surges past $100, precious metals decline, equities in shock due to West Asia unrest | MC Editor's Picks
Crude prices surged past $100 a barrel, G7 countries are conferring on an emergency strategy to calm oil markets, and India tries to secure additional supplies. Even precious metals have lost their lustre amid the West Asia unrest. Meanwhile, cost of evacuation from Gulf countries has skyrocketed due to costly insurance premiums, airspace closures and scarcity of flights. Amid the uncertainty, ...
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Mar 09