Oil prices rise and global stocks fall on fresh worries over Middle East shipping lanes

KEY POINTS MAIN STORY Oil prices climbed on Wednesday while global stock markets slid as new warnings emerged that Iran is ramping up attacks in the critical Strait of Hormuz. The market pullback happened even as investors tried to brush off another record-breaking day on Wall Street. In the United States, the Nasdaq and S&P … Continue reading Oil prices rise and global stocks fall on fresh worries over Middle East shipping lanes