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Analysts say East Asia could see hikes in energy costs after an Iranian strike wrecked Qatari LNG infrastructure that met 20 percent of the world’s demand.
The global oil benchmark slipped below $100 a barrel in early trading as rising optimism over U.S. diplomatic efforts raised hopes of ending the Iran war.
FedEx launched a same-day delivery service as shipping and retail companies compete to meet growing customer expectations for near-instant order fulfillment.
U.S. stocks opened lower while oil prices held above $100 a barrel on March 24, as lingering doubts over easing Middle East tensions weighed on sentiment.
Treasury Sec. Scott Bessent said that the US is moving to seize funds transferred abroad by Iranian defectors, so it can be to returned to the Iranian people.