Industry Newscommoditiesoil and gasmarket volatilitygold
Global Markets Fall Amid Middle East Conflict
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6.1
Global markets tumbled as Middle East conflict and higher oil prices pressured equities and commodities, with Australia's ASX 200 falling 0.7% to 8,366 points and briefly down about 2% intraday. Japan's Nikkei and Hong Kong's Hang Seng dropped about 3.5%, Shanghai fell about 2.5%, Brent crude hovered near $113 per barrel, and gold slid 2.6% to $4,370 an ounce.
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