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A prolonged disruption could destabilise economies, particularly in the GCC and energy-importing nations, by driving up costs ...
Financial markets are set to reopen Monday with investors squarely focused on escalating geopolitical tensions as Israel and ...
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Israel’s air strikes on Iran, followed by the Islamic Republic’s retaliation, rippled through markets Friday, prompting ...
Global fuel prices have started to surge in the wake of the Iran-Israel conflict, with Brent crude futures rising 9.07% or $6.29 to reach $75.65 per barrel. At one point, prices peaked at $78.50 per ...
For one thing, early reports indicate the air strikes did not hit Iran’s petroleum facilities, which means the Islamic ...
US and Brent crude prices jumped on fears of supply disruption from the Middle East as Iran has repeatedly threatened to ...
Oil prices leaped, and stocks slumped on worries that escalating violence following Israel’s attack on Iranian nuclear and ...
U.S. Energy Secretary Chris Wright said on Friday he and his team are working with the White House's National Security ...
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Wall Street buckled as reports of Iran’s retaliation for Israel’s attack on its nuclear facilities deepened concerns that the conflict is escalating, with oil jumping and stocks taking a hit.
He noted that when Iran and Israel went back and forth with attacks last year, oil prices did move higher at first. The ...