Oil Sprints to a 5-Month High While Tech and Crypto Stumble
Brent crude touched $115.84 on Friday, its highest level since May. Houthi attacks on Saudi Arabia and fears of new US strikes on Iran drove the move. Other energy prices were mixed, Trading Economics data show: The rally landed on markets still shaken by a tech selloff. Crypto also slipped as investors pulled back…
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Cryptocurrency
A digital currency secured by cryptography and recorded on a blockchain, without a central bank issuing it.
Crypto prices are volatile, and governments are still deciding how to regulate it.
More about CryptocurrencyCrude oil
Unrefined petroleum extracted from the ground; Brent and WTI are its main global price benchmarks.
Oil prices feed into fuel, transport and goods costs, and so into inflation.
More about Crude oilMore in Energy
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