Major Asian stocks opened lower on Friday, extending falls on Wall Street where higher US Treasury yields, inflation and rising recession fears persisted. MSCI’s index of Asia-Pacific shares outside Japan was trading 0.11 per cent higher.
Oil Price Today (July 20): Crude oil jumps 3%, crosses $90 as US and Iran exchange attacks. $100 in sight?
Brent crude futures rose $2.69, or 3.05%, to $90.79 a barrel, their highest level since June 11. The benchmark extended last week’s rally, when it