World shares fall as pricier energy feeds inflation fears - NewsBreak
By Alvarez in Business
Updated 3 years ago
World shares retreated on Tuesday as surging prices of oil, coal and other energy added to concerns over inflation. Benchmarks fell in Paris, Frankfurt, Tokyo, Hong Kong and Shanghai. Oil prices extended gains, having closed above $80 per barrel in New York after trading briefly above $81 per barrel on Monday for the first time in seven years.