shorts
Oil hit $110 for first time since May, raises fresh concerns over US inflation, Fed rates
Oil hit $110 for first time since May, raises fresh concerns over US inflation, Fed rates
World News

Brent crude hit $110 a barrel on Friday (October 17) for the first time since May as renewed Middle East tensions stoked fears of further oil supply disruptions. The rise added to inflation concerns and pressure on US stocks, which fell sharply, Reuters reported.