NEW YORK • Fears of an escalating conflict in Syria rippled across financial markets on Tuesday, sinking stocks, lifting gold and pushing the price of oil to the highest in a year and a half.
The increasing possibility of U.S. military strikes raised worries on Wall Street that energy trade in the region could be disrupted, raising fuel costs for consumers and business.
“If Syria becomes drawn out and becomes a long-term issue, it’s going to show up in things like gas prices,” said Chris Costanz...
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