Asian stocks fell on Wednesday while oil prices surged as escalating tensions in the Middle East unsettled markets, dimming hopes for an end to the months-long war that has pushed commodities higher and stoked inflation worries.
The Trump administration has called on European nations to follow Washington’s lead and impose travel restrictions on people who have recently been in Central African countries affected by the Ebola outbreak, in hopes of avoiding the spread of the virus during the soccer World Cup, sources and officials said on Tuesday.
A longstanding political stalemate in the U.S. Congress over money for immigration enforcement ended on Tuesday, when the Republican-controlled House of Representatives passed a $70 billion bill to fund U.S. Immigration and Customs Enforcement and Border Patrol through the remainder of President Donald Trump’s administration.