Virus closes sites around the world; stocks, oil prices sink
SOAVE, Italy — Anxiety over the new coronavirus epidemic sent global stock markets and oil prices plunging Monday, touched off prison riots in Italy and caused a cascading shutdown of sites and events ranging from Saudi schools to a Holocaust march.
While many of Beijing’s white-collar workers returned to work as new cases of infection subsided in China, some 16 million people under a widespread lockdown in northern Italy struggled to navigate the new rules of their mass isolation.
Global oil prices suffered their worst percentage losses since the start of the 1991 Gulf War. In Saudi Arabia, shares of state oil giant Saudi Aramco dropped 10%, forcing a halt to trading of the company on Riyadh’s stock exchange.
Inmates at more than two dozen Italian prisons rioted against restrictions on family visits and other containment measures, and six died after they broke into the infirmary and overdosed on methadone.