Stocks end the week lower amid rising tensions in the Middle East

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Winners of the oil price crash

Countries that are net importers of crude oil and industries with high fuel costs are likely to see huge benefits as crude oil remains low.

Winners of the oil price crash

Countries that are net importers of crude oil and industries with high fuel costs are likely to see huge benefits as crude oil remains low.

Photo: JAY DIRECTO, AFP/Getty Images

Photo: JAY DIRECTO, AFP/Getty Images

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Image 1 of 18

Winners of the oil price crash

Countries that are net importers of crude oil and industries with high fuel costs are likely to see huge benefits as crude oil remains low.

Winners of the oil price crash

Countries that are net importers of crude oil and industries with high fuel costs are likely to see huge benefits as crude oil remains low.

Photo: JAY DIRECTO, AFP/Getty Images

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AP Photo/Richard Drew

US stocks finished the week lower amid rising tensions in the Middle East as Iran reportedly seized two British tankers.
That took some of the luster away from Microsoft’s strong earnings report, which sent the company’s shares to an intraday record high.
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Major US indexes fell on Friday amid rising tensions in the Middle East. The major headline was Iran reportedly seizing two British tankers, a development seen as a major escalation against the US and UK.

Meanwhile, Microsoft maintained its spot as the world’s most valuable company after reporting better than expected revenue and earnings per share in the second quarter.See the rest of the story at Business Insider

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