Energy Markets
Stocks rattled as inflation risks from rising oil and geopolitical uncertainty rise
Investors were on edge Monday as rising oil prices, the conflict in the Middle East, and political unrest in Europe heightened their anxiety. Stocks fell in anticipation of important?U.S. data. The inflation data will be released later this week. Tehran announced that it would announce a restricted area outside the Strait of?Hormuz?in the coming days after U.S. Forces hit three Iranian tanks and Iran's Islamic Revolutionary Guard Corps fired ballistic missiles on two U.S. Navy vessels. Brent crude futures have risen by nearly 1.5%, to $97.6 per barrel. This is the highest in seven weeks. Last week, the oil price...