Oil prices jump, and US stocks fall following fighting in the Middle East

Oil prices are back to jumping, while the U.S. stock market is falling ahead of a Federal Reserve decision on what to do with interest rates

TOKYO (Kyodo) -- Tokyo stocks ended mixed Wednesday, with the Nikkei stock index briefly plunging more than 3 percent as global concerns over the prof

After several days of a lull in the direct conflict, a flare up in tensions left investors concerned about the continued flow of energy from the region.

Fighting was paused after nearly two weeks of nightly strikes by the US on Iran, as both sides battled for control of the strait of Hormuz Iran launched multiple ballistic missiles at US forces in the Middle East late on Tuesday, shattering a brief pause in fighting as mediators tried to get both sides back to negotiat

The boss of Barclays has rejected calls for a windfall tax on banks despite posting bumper profits and increased its bonus pool for the biggest risk-takers.

The US held fire at the weekend after 13 days of attacks on sites in Iran.

The US held fire at the weekend after 13 days of attacks on sites in Iran.