GLOBAL MARKETS-Oil surges on Yemen air strikes, stocks tumble

GLOBAL MARKETS-Oil surges on Yemen air strikes, stocks tumble

March 26, 2015
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(Updates ahead of U.S. market open) * Oil rises on fears of Middle East supply disruption * Stocks fall in Europe and Asia, energy stocks rise * Dollar retreats versus yen, euro; rouble gains * Wall Street set to open lower after three days of falls By Marc Jones and Nigel Stephenson LONDON, March 26 (Reuters) – Escalating tensions in the Middle East as Saudi Arabia and its allies launched air strikes on Yemen pushed oil prices up as much as 6 percent on Thursday, and

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Source:: Reuters UK Natural Resources