Marketplace artwork

U.S. airstrike is causing turmoil in oil markets

Marketplace

English - January 03, 2020 23:54 - 27 minutes - 11.8 MB - ★★★★★ - 7.7K ratings
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Previous Episode: The dollar is going down

A U.S. airstrike in Iraq early Friday morning killed Qassem Soleimani, a powerful Iranian military leader. Iran has vowed retaliation, and while nothing has come yet, the oil markets are reacting. This is a critical spot in the oil market, and analysts are trying to assess where the heightened risks are to oilfields, workers, pipelines, processing facilities, vessels and shipping lanes. Plus: global spending on video games hit a high in 2019, a new industry that’s helping adults make friends and economic opportunities that lie on the hiking trails.