Author: RT

Oil prices rebound after biggest one-day drop in 30 years amid oil price war & virus panic Oil prices climbed by seven percent on Tuesday, following the largest single-day plunge seen in the last three decades, as investors search for signs of economic stimulus amid the ongoing coronavirus outbreak exacerbated by the oil price war. Brent crude futures jumped 7.3 percent early on Tuesday, by $2.51, landing at $36.87 per barrel, while US West Texas Intermediate (WTI) crude gained by 6.9 percent, bringing it to $33.28 a barrel. Both benchmarks took a major hit on Monday, plunging by 25 percent and tanking to their lowest point since February 2016, the single largest one-day decline seen since 1991. A decline in oil demand has been reinforced by the demise of the OPEC+ productio...

Now it’s US’ turn: Dow drops 7% at open after day of markets falling worldwide The US markets are following their Asian and European counterparts into a deep plunge. Shares of oil producers have dropped by double digits after opening amid a 30 percent drop in crude price. DETAILS TO FOLLOW Now it’s US’ turn: Dow drops 7% at open after day of markets falling worldwide

2 US troops killed in Iraq during anti-IS operation Two US military service members have been killed while accompanying Iraqi security forces during a mission targeting a stronghold of Islamic State (IS, formerly ISIS), the US-led coalition confirmed in a statement. The deaths occurred last Sunday in a mountainous area of north-central Iraq, the statement said. Coalition confirms US service members were killed during a mission with the Iraqi Security Forces to eliminate an ISIS terrorist stronghold near Makhmour yesterday pic.twitter.com/tAK7oPQyXa— Joanne Stocker جوآن (@joanne_stocker) March 9, 2020 https://platform.twitter.com/widgets.js An earlier report in the Kurdish media said there were clashes on Sunday morning near the town of Makhmour, 60 kilometer...