{"id":37211,"date":"2021-11-30T18:04:19","date_gmt":"2021-11-30T18:04:19","guid":{"rendered":"https:\/\/southafricavoice.com\/?p=37211"},"modified":"2021-11-30T18:04:19","modified_gmt":"2021-11-30T18:04:19","slug":"global-markets-down-oil-slumps-on-omicron-vaccine-warning","status":"publish","type":"post","link":"https:\/\/southafricavoice.com\/global-markets-down-oil-slumps-on-omicron-vaccine-warning\/","title":{"rendered":"Global markets down, oil slumps on Omicron vaccine warning"},"content":{"rendered":"
World stocks and oil prices slid Tuesday after Moderna warned current vaccines might be less effective at fending off the Omicron variant, and eurozone inflation spiked to a record high. Frankfurt, London and Paris followed Asia in closing sharply lower, with sentiment dogged by fears of fresh economic fallout from the long-running Covid crisis. Oil slumped back in New York with WTI down 5.1 percent a barrel at $66.38 — a three-month low — while Brent crude was off 3.80 percent at $70.65. The tumble followed the Moderna remarks, which have reignited fears over how the Omicron variant spread …<\/p>\n
Read More<\/a><\/p>\n","protected":false},"excerpt":{"rendered":" Published by Al-Araby World stocks and oil prices slid Tuesday after Moderna warned current vaccines might be less effective at fending off the Omicron variant, and eurozone inflation spiked to a record high. Frankfurt, London and Paris followed Asia in closing sharply lower, with sentiment dogged by fears of fresh economic fallout from the long-running … Read more<\/a><\/p>\n","protected":false},"author":0,"featured_media":37213,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"yoast_head":"\n