Energy

Dow closes down 700 points as global oil prices top $100 a barrel - ABC News - Breaking News, Latest News and Videos

Source: ABC News - Breaking News, Latest News and Videos

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DW NOTE

The Fed hiked into a supply shock, and markets are repricing accordingly. Oil above $100 with the Strait still closed, the 10-year at 5.18%, and the Dow shedding 700 points — that's not volatility, that's the bill for four years of pretending monetary policy could substitute for energy security.

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The United States has not pressured India to cut crude oil imports from Russia, Indian Oil Minister Hardeep Singh Puri said on Tuesday, as Russian cargo arrivals to the world’s third-largest crude oil importer have declined in recent weeks amid an increase in imports from the Middle East. India’s pu

Dow closes down 700 points as global oil prices top $100 a barrel - ABC News - Breaking News, Latest News and Videos

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