News

America’s economy faces a new war shock: Surging oil prices
The American economy faces the unwelcome prospect of reignited inflation after the United States launched strikes on three ...
Stock Market Today: Dow, S&P 500 and Nasdaq on track for modest losses after U.S. bombs Iran; oil trims initial spike
Investors weigh oil prices and await Iran's next move after the U.S. bombed Iran's nuclear sites over the weekend.
Japan's yen sinks as spike in crude oil overpowers safe-haven appeal
The Japanese yen, normally one of the most sought after safe havens in times of geopolitical stress, has dropped 2.4% against ...
Oil prices spike as Trump’s strike on Iran fuels fears of retaliation and global inflation
Global oil markets jolted sharply upward on Monday after the United States bombed three of Iran’s key nuclear facilities over ...
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Oil Markets on Edge as Iran Vows Retaliation
Oil markets are in turmoil after U.S. strikes on Iran, with fears of regional escalation and potential disruption to vital ...
South African rand weakens as spike in oil prices weighs
The South African rand weakened in early trade on Monday, pressured by the rise in crude oil prices and risk-off sentiment following the U.S. military action against Iran over the weekend.
Oil Could Spike to $90 If Strait of Hormuz Shut, Citigroup Says
Brent crude could jump to around $90 a barrel if the Strait of Hormuz is closed, according to Citigroup Inc., which added ...
Iran votes to close Strait of Hormuz - how could it affect global oil and gas?
What is the Strait of Hormuz? The strait lies between Oman and Iran and links the Gulf north of it with the Gulf of Oman to ...