Oil rises on fresh Middle East fears, equities advance
Hong Kong (AFP) Jan 29, 2024
Oil rose Monday on fresh Middle East fears as President Joe Biden pledged to retaliate after blaming Iran-backed rebels for a deadly attack on US troops, while equities were boosted by China's latest move to support its troubled markets. The drone strike on a base in Jordan - which came days after Yemen's Huthi group struck a vessel in the Red Sea - ramped up tensions in the region and sto