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Trading Day: Oil and yields up, up, and away

ORLANDO, Florida, March 11 (Reuters) - Oil prices rose sharply on Wednesday despite a record release of global crude reserves, stoking inflation fears and lifting two-year Treasury yields to the highest since September. The weight on stocks was too much, and Wall Street ended... Read More.

Chubb to serve as lead US insurer for Gulf shipping amid Iran war

March 11 (Reuters) - Insurance giant Chubb will be the lead partner on the U.S. International Development Finance Corporation's $20 billion Maritime Reinsurance Plan aimed at resuming commercial shipping in the Gulf, the agency said on Wednesday. The U.S.-Israeli conflict has widened sharply in recent... Read More.