Brent oil heads for record month, stocks in limbo

Brent crude oil has risen three per cent and is on track for a record monthly rise ‌, while global stocks are in limbo as investors dig in for a Gulf conflict they fear will bring a spike in inflation and the risk of recession to much of the globe.Shares across Asia fell on Monday, ‌with Japan’s Nikkei index closing down 2.8 per cent, in a region more reliant on Gulf oil exports. European stock markets were firmer in early trading and Wall Street futures pointed to gains, although they were slim given ‌a re ...