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Oil jumps more than 2% after US attack on Iran’s Larak Island

  By Reuters and published by Yahoo!News SINGAPORE/BEIJING – Oil prices were trading more than 2% higher on Monday (Aug. 31) after the US attacked an Iranian island in the Strait of Hormuz ‌and drew retaliation from Tehran, as their conflict extended into its sixth month. Brent crude futures climbed $2.21, ‌or 2.51%, to $90.31

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Business

Soaring prices during the Iran war jeopardise travel to tourism-dependent countries in Asia

  By AP and published by Yahoo!News WITH summer around the corner, soaring prices and other complications from the war with Iran are straining the tourism-dependent economies of countries in Southeast Asia, including Thailand and Vietnam. The region’s peak tourist summer season is at risk as elevated jet fuel costs coupled with ceasefire uncertainties prompt

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