Oil prices, equities tumbles about 6% as China Covid lockdowns weigh - Business Standard

Global financial markets have been spooked by concerns over interest hikes and recession worries as tighter and wider Covid lockdowns in China led to slower export growth in the country in April

By Stephanie Kelly NEW YORK (Reuters) -Oil prices sank about 6% on Monday alongside equities, as continued coronavirus lockdowns in China, the top oil importer, fed worries about the demand outlook.… [+4119 chars]

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