Oil prices jump after Iran attacks UAE as U.S. tries to open Strait of Hormuz

Oil prices jumped Monday after Iran attacked the United Arab Emirates, jeopardizing a fragile ceasefire agreement between Tehran and Washington. International benchmark Brent crude futures rose nearly 6% to close at $114.44 per barrel. U.S. West Texas Intermediate futures advanced more than 4% to settle at $106.42 per barrel. The UAE’s Defense Ministry said in a social media post…

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Sun Pharma shares jump 7% as India's largest drugmaker to buy U.S. firm Organon in $11.75 billion deal

SHANGHAI, CHINA – NOVEMBER 05: People visit the booth of Organon during the 7th China International Import Expo (CIIE) at the National Exhibition and Convention Center (Shanghai) on November 5, 2024 in Shanghai, China. The 7th China International Import Expo (CIIE) kicked off in Shanghai on November 5. (Photo by Tang Yanjun/China News Service/VCG via…

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