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Global Market: European shares flat as Middle East risks weigh; Fed Minutes in focusEuropean shares were largely flat as Middle East tensions kept investors cautious ahead of the Federal Reserve’s July meeting minutes. Gain...
Global Market: Eurozone bond rout loses steam, but rising oil prices keep investors waryOn Wednesday, yields on Eurozone government bonds saw a slight decline as the U.S. Treasury markets regained stability. However, high oil p...
Selloff in euro zone bonds pauses but oil prices keep up pressureGovernment bond yields across the euro zone halted their upward trend on Wednesday, with the U.S. Treasury market finding stability and con...
'We will correct delusions of this deluded man': Iran hits back at Trump's assertion over Hormuz as 'NEW U.S. Territory'Iran has warned Donald Trump that his claims over the Strait of Hormuz will be corrected. Iranian officials dismissed Trump's assertions as...
Trump says no talks with Iran, naval blockade remains in forceUnited States President Donald Trump stated no talks are happening with Iran. He affirmed the naval blockade remains fully in effect and op...
Global Market: European shares slip as rising oil prices, bond yields weigh on sentimentEuropean shares edged lower on Tuesday as rising crude prices and euro zone bond yields heightened inflation concerns. The STOXX 600 fell 0...
Oil Price Today (August 18): Crude oil crosses $91/barrel amid fading US-Iran peace hopes. What lies ahead?Crude oil prices surged past $91 per barrel on Tuesday, August 18, as peace talks between the US and Iran stalled. With shipping disruption...
Trump threatens to 'bomb' Oman if they get in way of Hormuz dealUS President Donald Trump has threatened military action against Oman if it interferes with the US blockade of Iranian ships in the Strait ...
US to announce steps to help refiners produce more fuel, energy chief Wright saysUS Energy Secretary Chris Wright announced steps to increase refinery fuel output soon. High gasoline prices are a concern for President Do...
Oil climbs as fading US-Iran peace hopes raise supply risksOil prices climbed as Middle East war peace talks stalled significantly. Iran announced a shift to a fully offensive military posture. The ...
Iran fires back at Trump's threat to declare Hormuz a U.S. territoryIran asserts control over the Strait of Hormuz, rejecting US President Donald Trump's claims. Trump stated he would declare the strait US t...
Oil inches toward $90 on tanker attacks, lack of progress in Iran war peace dealCrude oil futures experienced an upward trend on Friday due to disruptions from tanker attacks and the stagnation of peace talks. Brent cru...
US to unleash ‘economic isolation’ on Iran next week as Trump pressure campaign intensifiesThe United States plans to intensify economic pressure on Iran next week, with Treasury Secretary Scott Bessent warning of measures unprece...
Oil Price Today (August 13): Crude oil dips below $90 despite Strait of Hormuz deadlock. Here’s whyThe Organisation of Petroleum Exporting Countries cut its forecast for global oil demand growth in 2026 to 580,000 barrels per day in its m...
Oil drops on lower demand forecasts despite deadlock in US-Iran talksOil prices dipped as demand forecasts for 2026 were lowered due to the U.S.-Israeli war on Iran. Despite supply concerns from the conflict,...
Global Market: European shares subdued as investors assess earnings, geopolitical risks ahead of US inflation dataEuropean shares traded largely flat as investors assessed mixed corporate earnings, rising oil prices and renewed geopolitical tensions ahe...
Why the US-Iran war continues to disrupt oil marketsThe oil market is witnessing unprecedented volatility amid the intensifying US-Iran hostilities. Iran's surprising maneuver to shut down th...