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The deadly virus has infected more than 2,700 people, killed 80, and spread to at least a dozen countries.
The outbreak of coronavirus has disrupted the Lunar New Year, an important holiday where hundreds of millions of people in Asia travel.
The Wuhan virus isn’t just hitting Chinese stocks — here’s how global oil and bond markets are moving
Concerns about the impact the coronavirus could have on the Chinese economy rippled through global oil and bond markets Thursday.
Oil climbs above $65 after an escalation in Libya’s civil war forces the shutdown of 2 major oilfields
Supporters of military commander Khalifa Haftar closed a pipeline connecting two major oilfields in Libya, sending Brent crude to the highest since January 9.
How the Strait of Hormuz, a narrow stretch of water where ships carry $1.2 billion of oil every day, is at the heart of spiraling tensions with Iran
Iran could exact its revenge on the US and its allies by shutting or harassing tankers in the strait, which would heavily disrupt oil markets.
Aramco set aside 450 million shares for investors as it gauged early demand, and Goldman Sachs released proceeds from the allotment over the weekend.
Oil plummets to its lows of the day after President Trump says Iran ‘appears to be standing down’ in the Middle East
The fall erased all earlier gains from a spike in oil prices early Wednesday following an Iranian missile attack on US forces in Iraq.
Oil’s wild ride: Here’s why the precious resource is now trading lower after spiking 5% on Iran’s missile attacks
Prices reversed when a US statement said the attack caused no casualties, and President Donald Trump tweeted that "all is well" after the incident.
Gold punched above $1,600 for the first time since 2013, and oil spiked. But the gains fizzled. "They've barely scratched the US," says an analyst.
Saudi Aramco has seen $200 billion of market value erased since its record-shattering IPO as Mideast tensions drag it lower
Some analysts believe Iran could retaliate by targeting oil infrastructure, placing Aramco at increased risk of a crippling strike.