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Oil Prices Climb for Fourth Session as Iran Unrest and Russia Risks Tighten Supply Outlook

Oil prices extended their rally in Asian trading on Tuesday, rising for a fourth straight session as markets priced in mounting supply risks from Iran and Russia, offsetting lingering expectations of additional barrels returning from Venezuela. By 21:18 ET (02:18 GMT), Brent crude futures for March delivery were up 0.4% …

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U.S. Futures Slide as DOJ Probe Into Powell Sparks Fears Over Fed Independence

U.S. stock index futures fell sharply on Monday, as investors grappled with mounting uncertainty over the Federal Reserve’s independence after the Justice Department opened a criminal investigation into Chair Jerome Powell’s testimony regarding cost overruns on a $2.5 billion renovation of the Fed’s Washington headquarters. By 05:50 ET 10:50 GMT, …

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