Energy prices soar, stocks tumble as Iran war stokes inflation fears
Energy prices surged on Tuesday, sending stocks tumbling and the dollar rising on worries that the wideningwar with Iranmay do more sustained damage to the economy than feared.
World oil prices soared around nine percent and European natural gas prices rocketed for a second day running as thewar disrupted Middle East exports.
Brent North Sea crude, the international benchmark, topped $85 a barrel for the fi