Tight supplies, higher geopolitical risks in Europe, Middle East prop up prices

Euro zone inflation hit 5% in December, more than twice ECB’s target

London, Amsterdam stock exchanges will reflect name change on January 25

US treasury secretary says it focuses on improving infrastructure

Three people were injured and taken to hospital

Excessive stimulus has pushed inflation to multi-decade highs around the world

Market supported by supply shortfalls from OPEC+

Supply concerns mount after attacks in Mideast

UAE says reserves right to respond

Delay in arrival of products dents industries