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IRAN U.S. TENSIONS JULY 2023
Oil Price Today (July 14): Crude oil hits one-month high at $85 as US-Iran war tensions simmer. Will it cross $100?Brent crude futures gained $1.68, or 2%, to $84.98 a barrel, while U.S. West Texas Intermediate (WTI) crude rose $1.65, or 2.1%, to $79.79 ...
Trump sends Congress formal notice that Iran conflict has resumedPresident Trump notified Congress of renewed hostilities against Iran starting July seventh. This action begins a new sixty-day period for ...
India bonds fall as oil spike, Treasury rout weighIndian government bonds experienced a decline early Monday, mirroring U.S. Treasury selloffs. Escalating U.S.-Iran tensions boosted oil pri...
Hormuz traffic slows to multi-week low as renewed US, Iran strikes raise safety riskVessel traffic through the Strait of Hormuz has reached a five-week low. This decline is attributed to renewed strikes and attacks on ships...
Oil jumps 3% after US, Iran escalate strikes in MideastOil prices climbed Monday as Iran expanded strikes on Gulf states. U.S. West Texas Intermediate crude rose and Brent crude futures climbed....
Fight for Hormuz swings between missiles & diplomacy as Iran minister reaches OmanIran's foreign minister Abbas Araqchi arrived in Oman to discuss ship passage safety. The United States seeks a public pledge for secure an...
Russia's diesel export ban deepens global supply crunchRussia's diesel export ban has significantly impacted global energy markets. This action exacerbated existing fuel shortages and drove pric...
US Stock Market: Treasury yields ease as investors buy bonds after selloff; strong auction boosts sentimentUS Treasury prices saw gains as investors bought bonds following a sharp selloff. A strong auction of 30-year government bonds attracted si...
Oil Price Today (July 10): Crude oil up 6% this week as US and Iran continue attacks. Where are prices headed?Even with Friday's decline, both crude benchmarks were set to end the week higher. Brent was on course to gain about 6%, while WTI was pois...
Explosions heard in Bahrain amidst air raid sirens as Iran targets US bases in the GulfAir raid sirens sounded in Bahrain as Iran intensified its retaliation against US airstrikes. Iran claimed drone attacks targeted American ...
Iran: Gulf on the boil again as new US strikes mark fresh escalation; fear rises of a return to warUS forces have launched fresh strikes against Iran following an attack on three cargo vessels in the vital Strait of Hormuz. Trump has decl...
Trump says Iran war may not return & oil has little to fearUS President Trump stated he does not anticipate renewed conflict with Iran. He warned that any future attacks would face a much stronger r...
Dollar stands tall as Gulf tensions fuel oil price surge, Fed hike betsThe U.S. dollar held firm against major currencies on Thursday. Renewed Gulf tensions revived safe-haven bids, boosting the dollar's streng...
Trump invokes 'retribution' to justify US strikes on Iran; warns Tehran 'much worse' yet to comePresident Trump defended recent US military strikes against Iran. These actions were a direct response to Iran's reported bombing of commer...
Trump claims he's Tehran's 'top target' amid renewed Iran conflictPresident Trump stated he is Iran's primary target amid escalating tensions. He declared the ceasefire with Tehran effectively over and sig...
Is an Iran deal 'over' and war back on? A timeline of the conflict and talksGlobal markets and oil prices lurched after the United States and Iran traded new strikes. The conflict threatened lives throughout the reg...
Global Market: Euro zone bond yields hit near one-month high as oil surge fuels ECB rate hike betsEuro zone government bond yields reached their highest levels in nearly a month. This rise followed a sharp jump in oil prices and heighten...
Dollar at week-high after US resumes attacks on IranThe dollar reached its highest weekly level against peers amid renewed U.S. strikes on Iran. Geopolitical tensions escalated, and oil price...
Donald Trump calls Italy's Meloni a 'nice person' but blames her for not helping with IranPresident Trump called Italian Prime Minister Meloni a nice person but criticised her involvement in the Iran conflict. He stated their rel...
Oil prices gain as focus shifts to supply recovery and demandOil prices saw slight gains Tuesday as traders focused on supply increases. Traders are looking beyond Middle East tensions to demand prosp...