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Oil slides as Saudi Arabia boosts flows via key pipelineOil prices have declined as Saudi Arabia restored partial capacity of its East-West pipeline, affecting global oil supply. Concerns regardi...- Global Market Today: Asian stocks climb after tech shares power Wall StreetMSCI Inc.’s gauge of Asian shares climbed 0.5%, with memory chipmakers Samsung Electronics Co. and SK Hynix Inc. the top contributors to ga...
- Global Market Today: Asian stocks edge higher, oil extends lossesMSCI’s Asia Pacific equities gauge advanced 0.2% with Japan shut for a public holiday. S&P 500 futures rose 0.3% after the underlying gauge...
- Asian shares trade mostly lower after AI stocks sink on Wall StreetThe decline came after OpenAI Chief Executive Sam Altman said in an interview with Fortune published Saturday that the company behind ChatG...
- The world wishes it had a 'diesel printer' as two wars push fuel to the brinkThe world is facing a severe diesel shortage as the US-Iran and Russia-Ukraine wars disrupt crude supplies, refinery operations and global ...
- BRICS 2026: India cracks the code in a divided room with 4 AM talks & diplomatic heavy liftingPrime Minister Narendra Modi helped broker a unanimous BRICS statement on the Middle East conflict despite sharp differences among members ...
- New problem shaping up for the oil market as Hormuz remains shutHouthi forces have seized Perim Island, threatening the vital Bab el-Mandeb Strait shipping lane. This development occurs as the Strait of ...
- Goldman Sachs’ big warning! Oil prices could soar to $120 if attacks on shipping continue in Hormuz StraitGoldman Sachs warned Brent crude could rise to $120 a barrel if Middle East shipping disruptions intensify, while JPMorgan sees further ups...
- Global Market Today: Asia stocks waver as yen surges, Iran warns of retaliationOn Tuesday, Asian markets exhibited a mixed bag of outcomes, with the yen gaining strength significantly. Oil prices surged for the third c...
- Indian bonds end flat as traders gauge RBI liquidity approachIn a cautious trading session, Indian government bonds experienced little movement as the Reserve Bank of India implemented temporary liqui...
- Rupee ends flat, hemmed in by RBI intervention, oil pangsThe Indian rupee remained steady on Monday, supported by central bank intervention. Rising oil prices and concerns over energy flows also i...
- Hormuz will be bypassed in two years: Scott BessentThe Treasury department has taken a more central role in recent weeks in the conflict, with Bessent announcing plans last week to expand sa...
- Iran defiant as Scott Bessent says US likely to announce bank sanctions this weekWashington plans to announce bank sanctions against Iran this week. Oil prices increased after direct attacks and tanker incidents. Iran wa...
- Iran warns of military ship ban in Hormuz under potential deal with OmanIran and Oman are negotiating arrangements to manage commercial shipping through the Strait of Hormuz, excluding military vessels, as Qatar...
- Iran’s rial plunges past 2 million per dollar as Trump unleashes ‘crushing economic operation’Iran’s rial has fallen to a record low, crossing 2 million per dollar on the unofficial market as US President Donald Trump escalates press...
- Iran says support for new sanctions would be 'act of war'A strong message came from Iran's security chief, cautioning nations that support the freshly imposed US economic measures. President Pezes...
- Trump’s economic isolation plan risks Iran strikes across GulfTrump is betting that tighter sanctions, a naval blockade and broader economic pressure can push Iran into accepting a US-backed deal after...
- Iran dismisses US economic threats and other developments in the Middle EastIran rejected United States President Donald Trump's economic threats and isolation policies. Meanwhile, the United Kingdom and other natio...
- Oil Price Today (August 19): Crude oil nears $92/barrel as Trump claims US in no talks with Iran. What lies ahead?Crude oil prices edged closer to $92 a barrel on August 19 as escalating Middle East tensions and diplomatic stalemates between the US and ...
- 2 UAE tankers attacked while transiting Strait of HormuzThe United Arab Emirates accused Iran of conducting drone strikes on two oil tankers navigating the strategic Strait of Hormuz. Meanwhile, ...
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