WNA Globe

World News by Wild Rose

#global inflation ร—

US-Iran ceasefire collapse revives risks of global inflation

China called on the United States and Iran to stick with peace plans after a resumption of missile strikes in the Middle East spurred a jump in oil prices. โ€œReigniting the conflict does not serve any partyโ€™s interests,โ€ a spokesman for Chinaโ€™s Ministry of Foreign Affairs said on Wednesday. โ€œWe call on the US and Iran to follow through on their memorandum of understanding, resolve disputes through dialogue and negotiation, and avoid resorting to force.โ€ Brent crude, the global oil benchmark, rose...