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GLOBAL OIL PRICES
The US-Iran war is now squeezing two major shipping routes from Strait of Hormuz to the Red Sea — here’s why global trade could feel the impactThe ongoing US-Iran war is affecting vital maritime chokepoints, specifically the Strait of Hormuz and Bab el-Mandeb Strait. Shipping traff...
From Hormuz to Saudi to US sanctions, world feels the oil heatThe war in West Asia has caused significant disruptions to global oil supplies and prices. Saudi Arabia faces challenges with pipeline clos...
Oil Price Today (September 28): Crude oil gains to $106 as Trump rejects Iran deal. Where are prices headed?Brent crude futures rose $1.65, or 1.50%, to $106 a barrel, while US West Texas Intermediate crude was at $93.40 a barrel, up 99 cents, or ...
Strait of Hormuz open or closed? What are latest standpoints of Iran and Donald Trump's U.S.?Tehran has spent long weeks in discussions with Oman, on the other side of the strait, on how to manage shipping traffic. Its new rush for ...
European shares log weekly gains as oil prices ease, Mideast tensions lingerEuropean markets rallied as declining oil prices broke a three-week slump. Despite lingering investor caution due to geopolitical tensions ...
Global Market: European shares rise as oil prices ease; Middle East tensions keep investors cautiousEuropean shares rose on Friday as easing oil prices supported risk appetite, while investors remained cautious over Middle East tensions. T...
Oil Price Today (September 25): Crude oil slips to $105 as truce hopes clash with Middle East attacks. What’s next?US and Iranian negotiators in New York are discussing a phased route out of the war that would see Tehran reopen the Strait of Hormuz and W...
Treasury rout, oil spike bleed Indian bonds; 10-year yield jumps most in over 2 monthsBond yields in India have surged following a notable uptick in US Treasury yields and escalating oil prices. With inflationary pressures mo...
India bonds pummelled after Treasury rout, traders raise rate hike betsIndian government bonds experienced a decline following increases in U.S. Treasury yields and oil prices. The benchmark 6.94% 2036 bond yie...
Govt cuts edible oil duty to ease pricesThe government has cut customs duty on various edible oils, which includes crude and refined oils. These changes aim to reduce import costs...
Global Market: European shares edge higher as lower oil prices lift sentimentEuropean shares rose on Wednesday as falling oil prices boosted sentiment, while investors awaited eurozone PMI data for clues on economic ...
India bonds little changed; traders track oil moves in run-up to RBI decisionIndian government bonds remained stable early on Wednesday, supported by lower oil prices amid selling pressure. The benchmark 10-year yiel...
Oil slips below $100 but remains volatile as Trump’s UN remarks dampen optimism over Saudi Arabia resuming Yanbu operations and East-West pipeline restartOil prices fluctuated as Saudi Arabia prepared to restart its East-West pipeline, while traders watched diplomatic developments around effo...
India bonds rally as oil below $100 calms inflation jittersIndia, which imports roughly 90% of its crude oil needs, is particularly exposed to swings in global oil prices, with elevated oil prices a...
Global Market: Eurozone bond yields rise as oil prices rebound above $100Eurozone government bond yields rose on Tuesday as Brent crude rebounded above $100 a barrel amid escalating Middle East tensions. German 1...
BRICS+ and the fallout from Trump's energy shocksGlobal oil markets face instability from ongoing conflicts and disrupted supply routes. Strategic petroleum reserves and reduced Chinese im...
Global Market: Euro area bond yields fall as oil prices easeEuro area government bond yields fell Monday as lower oil prices eased inflation concerns. Germany’s 10-year Bund yield dropped 4.5 basis p...
Bangladesh raises fuel prices by up to 17% amid global oil price surgeBangladesh has raised fuel prices by up to seventeen percent. This move piles fresh pressure on consumers and businesses already struggling...
Aramco to up oil exports to 60 mn barrels in September, OctoberThe rebound in state oil company Saudi Aramco's exports from inside the Gulf to 1 million to 1.5 million barrels per day on average, simila...
Even JPMorgan can’t predict oil’s next move as Iran war crosses more red linesJPMorgan says it no longer has a clear baseline for oil prices as Middle East tensions deepen supply risks. Brent remains above $100 a barr...