Global markets tank amid Saudi-Russia oil price war

A crash in crude oil prices spreads to the stock markets, in what analysts are calling “Black Monday” – with some of the worst drops since the 2008 financial crisis as Saudi Arabia announces production hikes and price cuts amid a dispute with OPEC+ ally Russia. Meanwhile, coronavirus fears also take a major bite out of the global tourism industry as travellers stay home and an increasing number of countries restrict access to major destinations. 

Subscribe to France 24 now:

FRANCE 24 live news stream: all the latest news 24/7

Visit our website:

Subscribe to our YouTube channel:

Like us on Facebook:

Follow us on Twitter:


Share and Enjoy: These icons link to social bookmarking sites where readers can share and discover new web pages.
  • Y!GG
  • Webnews
  • Digg
  • StumbleUpon
  • Reddit

Leave a Reply

Your email address will not be published. Required fields are marked *