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Finance & Markets

Australia Raises Wheat Crop Forecast as Export Demand Picks Up

Australia raised its wheat crop forecast after strong winter rains improved growing conditions, just as the worsening Black Sea crisis creates additional demand for the country’s grain.

We haven't written up this one. Bloomberg has the full story — the link below goes straight to it.

Read the original at bloomberg.com →

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US stocks dip, oil prices surge on renewed hostilities

Oil prices jumped more than two percent on Monday, with the Brent international benchmark rising above US$90 a barrel after a fresh flare-up in the US-Iran war.

  • Brent oil price surpasses $90 per barrel amid US-Iran tensions
  • US Federal Reserve chief Kevin Warsh warns of imminent rate hikes
  • Iran retaliates with missile strikes against US bases in Jordan

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