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Prices have spiked after Iran's new supreme leader broke his silence and called for the Strait of Hormuz to stay closed.
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Consumer-focused growth equity investor Coefficient Capital has picked up more than $500m across the final close of its oversubscribed second fund and a later-stage Apex vehicle.
The post Consumer-focused Coefficient reaches $800m AUM through Fund II, Apex fund closes appeared first on AltAssets Private Equity News.
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Middle East war live: US to ease Russian oil sanctions as energy prices soar Financial TimesTrump Removes Sanctions on Russia to Help Oil Flow Amid Iran Conflict The New York TimesU.S. allows temporary purchases of Russian oil already at sea to stabilize energy markets CNBCOil drops after US issues license for countries to buy Russian oil stranded at sea for 30 days Reuters
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The sector has notched six losing trading sessions in a row.
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European stocks trade lower as oil prices stay above $100 a barrel CNBCStocks Selloff Continues as Oil Prices Soar Barron'sEuropean shares close lower as oil surge sparks inflation worries, rate hike bets ReutersEuropean Stocks Set for Second Weekly Drop as Iran War Weighs Bloomberg.com
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California's proposed wealth tax has become one of the most closely watched fiscal policy experiments in American history.
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Newsom says no imminent threat to California of possible Iran drone attack; White House rejects reports ABC7 Los AngelesOfficials downplay risk of Iranian drone attacks off California after FBI memo, but Newsom says state is "prepared" CBS NewsDem House members say they're in the dark about potential Iran threats to California San Francisco Chronicle
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