Crude Had A Huge Day
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REUTERS/Stringer
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The Wall Street Journal reported Iran had deployed Revolutionary Guard units to Iraq to defend against a violent Sunni insurgent group that has already seized Iraq's second-largest city. Iraq's leadership is largely Shia, which is also the majority religion in Iran.
President Obama said his administration had "not ruled anything out" to defend Iraq's elected leaders.
NYMEX-traded crude climbed more than 2% to $106.
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- Saudi Arabia wants China to help fund its struggling $500 billion Neom megaproject. Investors may not be too excited.
- I spent $2,000 for 7 nights in a 179-square-foot room on one of the world's largest cruise ships. Take a look inside my cabin.
- One of the world's only 5-star airlines seems to be considering asking business-class passengers to bring their own cutlery
- India's pharma exports rise 10% to $27.9 bn in FY24
- Indian IT sector staring at 2nd straight year of muted revenue growth: Crisil
- Shubman Gill to play 100th IPL game as Gujarat locks horns with Delhi today
- Realme Narzo 70, Narzo 70X 5G smartphones launched in India starting at ₹11,999
- Indian housing sentiment index soars, Ahmedabad emerges as frontrunner