200 stories found
ILOILO CITY — The recent increase in petroleum product prices is taking a heavy toll on city passenger transport operators, with the Western Visayas Transport Cooperative among those feeling the…
Russia has been unable to benefit from the global surge in crude oil prices due to several days of Ukrainian drone attacks and severe winter storms, which have sharply limited its oil export capacity.
Rupee hit a record low of 92.15 against the US dollar, plummeting 66 paise amid escalating Middle East tensions and rising oil prices.
Oil prices will not be allowed to rise uncontrollably. This was stated by Serbian President Aleksandar Vučić.
Hongkongers may begin to feel the impact of the escalating war in the Middle East in the coming months, as rising global oil prices are expected to push up energy bills and dining costs, according to experts. Analysts said the attacks on Iran by the United States and Israel, and subsequent retaliation across the region, were also likely to slow the pace of US interest rate cuts and curb the rise in Hong Kong housing prices. As military operations in the Middle East entered their fourth day,...
Snorri Jakobsson, economist at Jakobsson Capital, says that the conflicts in the Middle East have already had a significant impact on oil prices, there are large fluctuations in prices, and that transportation costs have increased...
US equities joined a global equity rout Tuesday due to surging oil prices, but cut their losses after President Donald Trump announced steps to safeguard commerce in the Strait of Hormuz. The post US stocks cut losses after Trump announces steps to safeguard Hormuz Strait appeared first on Vanguard News.
Oil prices jumped above $83 due to conflict with Iran, the blockade of the Strait of Hormuz, and production halts in the region.
ASX extends losses as mining stocks tumble; Oil prices climb SMH.com.au
Fears about oil prices fueled sharp declines on global stock exchanges. However, it was possible to profit from arms companies.
A worldwide sell-off for stocks is slamming onto Wall Street on Tuesday, and oil prices are leaping even higher as worries rise that the war with Iran is widening and may do more sustained damage to…
Wall Street stocks tumbled early Tuesday, joining a global sell-off as markets worry about a long-running Middle East war boosting oil prices and inflation.
Wall Street is tracking for a sharply lower open, and oil prices are spiking on supply disruption concerns.
Ukraine fears what soaring oil prices and a shortage in air defences could mean for them.
Ukraine fears what soaring oil prices and a shortage in air defences could mean for them.
Greek Mogul On Why Iran Attacks, Elimination Of Gray Fleet Is Boosting Tanker Fortunes Forbes
Escalating war fears in the Middle East and disruption to key energy routes shook investor confidence, driving a global market sell-off and heightened volatility across oil and equities.
The situation in the Middle East is escalating. This is also evident in crude oil prices. The price of the raw material was already at very high levels, and yet the increases are still growing - warn brokers.
Oil prices have continued their upward trend, marking the third consecutive day of increases.
In 2008, the high oil prices had helped kickstart the shale oil industry in the US. Something similar may be happening now.
Both Iran and Donald Trump signal readiness for a sustained conflict as the war spreads across the Middle East, opening new fronts in Lebanon and causing oil prices to rise.
S. Korea's GDP growth may shed 0.45 percentage point if oil prices stay high: Citibank Yonhap News Agency
The Israel-Iran conflict is a reminder that conflicts today do not remain local; they travel through oil prices, shipping lanes, and inflation indices.
Oil prices surge 13% in first trades after start of US-Iran conflict phnompenhpost.com
The attack by the US and Israel on Iran, with the subsequent response, has created violent shifts of money by large investors.
In neighbouring Saudi Arabia, Saudi Aramco temporarily shut its major refinery at Ras Tanura after a drone strike. The post Global oil and gas prices surge as Middle East tensions escalate appeared…
Trump’s decision to launch open-ended attacks on Iran risks shaking the US economy, with global trade, oil prices, and inflation all in the balance. The uncertainty is just beginning.
Stocks Edge Higher While Oil Prices Pare Gains WSJ
Oil prices climbed sharply this week as fighting in the Middle East intensified, with U.S. and Israeli strikes on Iran prompting retaliatory actions that disrupted key shipping routes.
MANILA, Philippines – With ongoing conflicts in the Middle East involving the United States, Israel, and Iran threatening to push oil prices even higher, Senate Deputy Majority Leader JV…
Higher oil prices will cause an almost immediate jump in gasoline prices, as well, experts say.
Global oil prices are in the high $70s as traffic through Strait of Hormuz comes to a halt. Some analysts have warned they could top $100 a barrel if the stoppage is prolonged.
Russia's Key Novorossiysk Export Hub Again Pounded In Large Ukrainian Drone Wave Iran is understandably dominating global headlines, but major events are still happening in oh yeah that other war which has been raging for four plus years in eastern Europe. Like with the Iran conflict theatre, major geopolitical repercussions impacting energy oil prices are coming out of the Ukraine war. An overnight Monday large-scale drone wave from Ukraine has severely damaged Russia's Black S...
Two days after the escalation in Iran and the Middle East, oil prices recorded their biggest increase in four years, and gas prices jumped by 25 percent.
Disruption to tanker traffic in the Middle East has sparked a rise in oil prices, which have a significant effect on wholesale fuel prices.
If oil prices remain high for some time, the knock-on effects could affect the costs of fuel and food
Rising oil prices, volatile stocks and potentially higher inflation are all weighing on investors’ minds as the military campaign continues.
Where things stand after the US and Israeli strikes on Iran AP News
INTERVIEW - Tensions around Iran pose a risk of an energy shock with global repercussions, warns Sébastien Jean, professor at CNAM and associate director of the Initiative…
Ongoing US-Israel conflict with Iran is impacting India's economy, particularly through rising crude oil prices and potential trade disruptions.
Fuels for Ireland CEO Kevin McPartlan said although crude oil prices have increased substantially, this will have little impact on the wholesale prices.
The question is how high could oil prices go in the case of a sustained conflict.
The price of gold, usually viewed as a safe haven for investment in times of uncertainty, rose 2.4% to about $5,371 per ounce
Dollar Gains as Higher Oil Prices Damp Bets on Fed Rate Cuts Bloomberg.com
Oil prices rose by the most in four years amid the US-Israeli war on Iran and the effective closure of the Strait of Hormuz, a key shipping lane for global crude supplies. Brent crude, the global benchmark, surged as much as 14 per cent to more than US$82 per barrel, the highest since January 2025, according to data compiled by Bloomberg. Shipowners and traders are largely avoiding the Strait of Hormuz that links the Persian Gulf to the Indian Ocean, which usually handles about 20 per cent of...
Global oil prices rose after at least three ships were attacked near the Strait of Hormuz, as Iran continues attacks across the Middle East in response to continuous US attacks and…
Energy sector analysts and major investment banks anticipate an increase in oil prices towards $90 this week, with the possibility of reaching the $100 threshold.
Following the closure of the Strait of Hormuz, a key point for hydrocarbon trade, oil prices rose by up to 13% this Monday.
Global oil prices surged after attacks launched by the United States and Israel against Iran last weekend, sparking intense concerns about...
Regarding the attacks on Iran by the United States and Israel, Takahide Kiuchi, Executive Economist at Nomura Research Institute, estimates that if the military conflict prolongs and continues to affect crude oil transportation through the Strait of Hormuz, the rise in crude oil prices would push down the domestic real GDP by 0.18% annually.
Attacks throughout the region, including on two vessels traveling through the Strait of Hormuz, the narrow mouth of the Persian Gulf, have restricted countries' ability to export oil to the rest of…
Wall Street has largely shrugged off geopolitical upheaval in recent years. But the United States’ war against Iran comes at a more precarious time for the stock market.
Prices of oil and other commodities are expected to jump when trading resumes on Sunday, but how long they will stay high will depend on what the United States, Israel and Iran do next.
Trump’s War on Iran Threatens to Drive Up Oil Prices and Inflation WSJ
This story focuses on the potential economic repercussions of the ongoing conflict with Iran, specifically the threat of rising oil prices and inflation.
Traffic through the Strait of Hormuz has dropped off amid warnings from the Iranian Revolutionary Guard. What happens next could have major implications for the global economy.
International shipping is said to have come to a standstill at the strait's entrance, with fears of disruption already pushing up global oil prices.
Barclays analysts forecast that Brent crude oil prices could reach $80 a barrel, citing escalating tensions between the United States and Iran as a key factor.
Ropné štáty OPEC+ zvažujú výraznejšie zvýšenie ťažby v reakcii na útoky USA a Izraela na Irán. Rozhodnutie môže citeľne zamiešať cenami ropy.
The Alberta government's new budget projects years of deficits due to slumping oil prices. Some experts say the province’s predictions for price recovery may be optimistic.
The closure of the Strait of Hormuz and US-Israeli strikes in Iran are reigniting the specter of a surge in crude oil prices.
Stock Market Today:India's benchmark indices crashed at the opening on Wednesday as the ongoing Iran war and a spike in crude oil prices rattled investor sentiment.
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The war in Iran is causing a sharp rise in oil prices. This also affects Europe, even though the Middle East is relatively insignificant for the continent's supply. Where does our oil come from?
Oil Prices Surge 10% as Iran Conflict Disrupts Global Supply The Daily Star Lebanon
As oil prices surge, investors and U.S. crude producers are rushing to secure favorable terms for future sales, anticipating continued high prices.
High oil prices can be expected for “a little while,” President Donald Trump said Tuesday, as he predicted a significant fall for crude when the U.S. operation against Iran ends.
The airstrikes are reaching other states in the Middle East. The consequences of the conflict have long been felt worldwide – no end is yet in sight.
Strait of Hormuz impasse squeezes world shipping Kuwait Times
Iran's retaliation attacks, triggered by the killing of Supreme Leader Ayatollah Ali Khamenei, have pushed oil prices up by 13%.
As volatility gripped assets from stocks to crypto on Tuesday, market watchers weighed in on what might come next for global investors.
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Oil prices have surged after strikes on Iran, raising fears the escalating Middle East conflict could spike fuel costs, energy bills and the wider cost of living
Brent crude rose by more than another 3% on Tuesday to a one-year high of 80 US dollars a barrel.
World energy markets have been thrown into a state of high alert following a dramatic weekend of military action in the Middle East.
U.S. borrowing costs have rebounded as the ongoing conflict in Iran is likely to worsen inflation
Ratings agency Morningstar DBRS said crude oil prices have risen sharply since coordinated attacks by the United States and Israel against Iranian military targets began on February 28, heightening…
Oil prices jumped on Monday after the spread of war in Iran disrupted tanker traffic through the Strait of Hormuz, highlighting how much that
Oil prices continued to rise, and stocks fell on Tuesday, as investors monitored the situation in the Middle East, and the United States and Isr
Europe woke to a fresh surge in energy prices on Monday as the escalating war in the Middle East disrupted oil shipments and natural gas production in one of the world’s most critical…
A protracted conflict in the Middle East risks a spike in energy prices and broader inflation.
Energy-intensive industries such as chemical, steel, glass, and paper are particularly affected by rising oil prices due to the Middle East conflict, according to economist Grimm. She calls for a restructuring of supply chains.
Iran's Revolutionary Guard threatened a complete blockade of the Strait of Hormuz and attacks on tankers, which could drive oil prices above $200.
The euro and yen experienced a significant drop yesterday, driven by concerns that increasing oil prices would adversely affect countries heavily dependent on energy imports.
Oil price today: Iran conflict sparks surge and inflation fears The Times
The Nikkei average in Tokyo temporarily fell by over 1000 yen, driven by fears of rising oil prices following reports that Iranian forces threatened to block the Strait of Hormuz. This geopolitical tension led to a surge in selling orders in the market.
Oil prices may climb towards US$90-100 on Saudi Aramco's Ras Tanura disruption, analysts say The Star
Following the US and Israeli attacks on Iran, the price of oil jumped to 80 US dollars a barrel, with some analysts suggesting it could rise above 100 dollars
Oil prices soar amid worries of sustained war in Iran NZ Herald
A near-halt to shipping in strait of Hormuz and attacks on Middle East refineries are threatening supplies and stoking inflation Nils Pratley: A gas shock – not an oil shock – looks more…
Wall Street opened with a significant decline, and European stock markets fell on the third day of the Middle East conflict, while Brent crude oil prices rose.
Futures Tumble As Iran War Sends Oil, Gold And Dollar Sharply Higher US equity futures and global stocks tumbled, the dollar and gold rallied and oil soared as military strikes intensified across the Middle East, sending oil to its biggest surge in four years and stoking concern that faster inflation could weigh on the global economy. AS of 8:10am ET, S&P 500 futures are down more than 1% - but off overnight lows - after the cash index fell nearly 1% over the previous two tradin...
Stocks Sell Off as US Attack on Iran Drives Oil Prices Higher Bloomberg.com
The war in the Mideast has effectively halted shipping through the Strait of Hormuz, threatening to push up gas prices and raise the cost of other goods.
Global oil prices rose sharply on Monday and European equities fell as the regional conflict intensified, following attacks on vessels near the Strait of Hormuz and Iranian warnings to shipping in a chokepoint through which roughly a fifth of the world’s oil and gas trade moves.
Despite rising oil prices, which typically benefit Russia, a political analyst suggests the Kremlin is not pleased with the US and Israeli military actions in Iran, indicating broader geopolitical concerns.
Russian President Vladimir Putin is reportedly more concerned with rising oil prices than with his 'partners' in Iran, according to a statement by Sybiha.
An attack on an oil tanker near the Strait of Hormuz, reportedly by a naval drone, killed a crew member and caused oil prices to rise, leading leading shipping companies to suspend traffic and reduce passage by 70%.
Norwegian Cruise Line's stock has fallen as investors react to the company's soft profit guidance and the impact of rising oil prices on its operations.
As war escalates in the Middle East and Iran's security forces order ships not to cross the Strait of Hormuz, oil prices have surged this Monday, putting pressure on global markets.
Analysts warn that multi-day flight disruptions, the closure of key airports in the Middle East, and rising oil prices could cause the most severe blow
The 30-share BSE Sensex tanked 2,743.46 points or 3.37% to 78,543.73 in early trade. It later ended at 80,238.85, down 1,048.34 points or 1.29%
Shares of Russian companies, including Gazprom, Lukoil and Rosneft, have surged due to the Middle East war driving oil prices higher.
Brent crude is up by 9 percent amid supply concerns as Trump says strikes on Iran could last weeks.
Oil markets are bracing for sharp price spikes after the US-Israel attacks on Iran and Tehran's retaliation. Iran's role as a major producer matters, but its strategic position is keeping traders on edge.
This strategy of reducing imports of discounted Russian oil comes just before the U.S. tariff threat was struck down and the Gulf region erupted in war, raising international oil prices.
The price of WTI crude oil jumped to $82 per barrel, becoming the highest since July 2024. The initial reactions of stock markets to the war were downward, but far from panic.
Spike follows claims by Iran’s Revolutionary Guards they struck three US and UK oil tankers in the Gulf and the Strait of Hormuz
Oil prices rose sharply on Monday, and stock markets fell steeply, amid the military conflict in the Middle East that seems far from over.
Oil prices soared by up to 13% in Asian markets following reports of US-Israel attacks in Iran and Iranian retaliation against targets in the Gulf, causing initial panic before some calm returned.
Shipping disruptions in the Strait of Hormuz have prompted the Philippines to review oil stocks.
Rising Oil Prices Threaten Takaichi’s Agenda, Says Monex’s Koll Bloomberg
Oil prices rose sharply after the United States and Israel carried out attacks on Iran over the weekend, reports the BBC.
Regarding the attack on Iran by the United States and Israel, if the impact on navigation in the "Strait of Hormuz" is prolonged, it could be a major blow to Japan, which relies on the Middle East for crude oil imports. The government and companies are closely monitoring the local situation and trends such as crude oil prices at the start of the week.
Trump’s War on Iran Threatens to Drive Up Oil Prices and Inflation WSJ
Trump’s War on Iran Threatens to Drive Up Oil Prices and Inflation WSJ
Trump’s War on Iran Threatens to Drive Up Oil Prices and Inflation WSJ
If the war between Iran and the United States escalates, the single biggest economic threat to Pakistan will come from oil. Brent crude settled around $72.5 a barrel on Friday, already up nearly 19 per cent year-to-date, according to CNBC. Rumours are swirling of oil touching $100. For Pakistan, even modest increases carry heavy consequences. For every $10 rise in oil prices, the current account deficit increases by roughly $1.5–$2 billion, explains former chief executive officer of the Pakis...
Analysts say Iran conflict likely to increase cost of crude by 5-15% when markets reopen on Sunday
Markets around the world could tumble on Monday and motorists are likely to pay more at the pump What the strikes on Iran mean for oil prices US–Israeli war on Iran – latest updates The price of…
Analysts expect crude oil prices to rise to $85 per barrel due to the blockade of the Strait of Hormuz, and above $100 if the conflict escalates
Oil prices are anticipated to rise by up to 37% as tankers reportedly avoid the Strait of Hormuz, prompting Asian nations to assess their oil inventories.
Forex traders said the domestic currency is under severe pressure due to a sharp spike in crude oil prices, with Brent Crude crossing the $82 per barrel level in futures trade in the wake of the Iran crisis
Oil prices today LIVE: The Indian share market also took a hit on Wednesday, with the Sensex crashing over 1,700 points in early trade, and the Nifty tanking 530 points.
On the Tokyo stock market on the 4th, the Nikkei average temporarily fell by more than 1500 yen. Amid ongoing exchanges of attacks between the US and Iran, concerns that the situation will be prolonged, leading to persistently high oil prices and negative economic impacts, have caused global stock markets to decline, and selling orders expanded in the Tokyo market on the 4th as well.
President Trump acknowledged for the first time on Tuesday the economic toll for Americans of his assault on Iran, saying oil prices were likely to spike.
Stocks closed lower Tuesday as oil prices climbed on fears that fighting in the Middle East could drag on
Tehran retaliates with attacks and threatens the region, the US closes embassies, oil prices rise sharply, and world stock markets fall.
Oil prices have surged on world markets since the conflict in the Middle East started on Saturday. While oil prices are up, the surge in gas has been even more dramatic.
China's foreign ministry has urged all parties to avoid escalation and protect vessels in the Strait of Hormuz, as the ongoing conflict in the region drives up shipping costs and oil prices.
Serbian President Aleksandar Vucic said on Tuesday that fuel prices can’t be allowed to “run rampant” because of the conflict in Iran.
The extension of the conflict, the closure of the Strait of Hormuz, and the interruption of Qatari supply weigh heavily.
Crude oil prices have significantly increased, causing diesel prices to rise and prompting warnings about potential fuel price shocks, with some social media campaigns playing on public fear.
Oil prices surged nearly 13%, hitting their highest level since January 2025, after Iranian forces effectively closed the Strait of Hormuz
Brent crude rose by another 4% on Tuesday to stand at a one-year high of nearly 81 US dollars a barrel, while the FTSE 10 tumbled more than 2%.
Stocks and bonds slumped as investors retrenched from the uncertain and unpredictable effects that the fighting could have on the world economy.
European stock exchanges reopened "in the red" this morning, under pressure from rising energy prices, especially European natural gas, on the fourth day of US-Israeli attacks on Iran.
Ghana could face sharp fuel price hikes and rising living costs if global crude oil prices surge as a result of the ongoing US–Israel strikes on Iran, economist Godfred Bokpin has warned. Speaking…
It comes after prices surged on Monday and as the US is set to announce plans to deal with the rising cost of energy.
Asian economies are faced with a major energy risk after Iran closed the Strait of Hormuz and warned it would fire on any ship attempting to pass.
Pre-market trading indicates that the Stockholm Stock Exchange is likely to experience another downturn, as oil prices have continued to climb since the previous evening.
Consumers have been warned to brace for a surge in the prices of petrol and diesel, electricity, gas and home-heating oil.
Consumers are set to pay higher prices, but US producers could benefit, analysts say.
The risks for President Trump from the assault on Iran are escalating as casualties mount, oil prices rise and the war expands across the region.
Michele Bullock not ‘making a prediction’, but cites rise in oil prices due to attacks on Iran and tight labour market as factors in possible cash rate rise Follow our Australia news live blog for…
You may have opportunities to optimize for short-term volatility, financial planners told MarketWatch.
Dangote has increased the ex-depot price of Premium Motor Spirit (PMS) by N100 to N874 in Nigeria, a move attributed to a surge in crude oil prices impacting the downstream market.
Every conflict with Iran means more expensive oil, and thus more expensive fuel and higher inflation. Oil prices have already risen sharply. The Strait of Hormuz is closed for
Investoren fürchten Ungewissheit. Aber solange noch nicht klar ist, welche Auswirkungen der Irankrieg haben wird, ist von Panik an den Finanzmärkten keine Rede.
Oil prices are up sharply as the widening Iran war disrupted tanker traffic through the Strait of Hormuz, highlighting how important the passageway is to the world’s oil supply
The rise in oil prices will be visible at gas pumps in the coming days.
Qatar's state-run energy firm says it has halted Liquefied Natural Gas production following Iranian attacks on facilities at two of its main gas processing bases.
The US-Israeli war on Iran and Tehran's retaliatory strikes are raising concerns about significant economic and military repercussions for Europe and the wider Western world. Analysts are discussing the potential impact on oil prices and the broader stability of the region, with warnings about the serious risks involved.
Gas prices have jumped 50% and crude oil prices 10% due to the ongoing conflict involving Iran, the US, and Israel, with markets closely watching for signs of stability in the Strait of Hormuz.
Oil prices rose by up to nine per cent on Monday after United States and Israeli strikes on Iran and reported attacks on tankers near the Strait of Hormuz unsettled global energy markets. Brent…
The latest conflict has led to new Iranian attacks across the Middle East, a surge in oil prices, and the suspension of air traffic. Kuwait reportedly mistakenly shot down three American aircraft.
The Greek Ministry of Finance is closely monitoring developments in the Middle East and their potential impact on the economy, stating that current planning remains stable and tools are available to manage any adverse effects.
Brent crude oil prices are projected to range between $80 and $90 a barrel this week.
The escalating conflict in the Middle East – which is sending oil prices soaring and disrupting shipping traffic along the Strait of Hormuz – should not pose an immediate threat to China’s crude…
Amrita Sen predicts oil prices will hold near $80 per barrel, citing ongoing shipping risks in the Middle East.
Ukraine’s Foreign Ministry says Russia did not help Iran during US and Israeli attacks despite their alliance.
Crude oil prices have risen sharply, while stocks are down, as investors weigh the fallout of the US-Israeli attacks on Iran.
International financial markets also opened weaker in the face of the growing conflict between Iran and US-Israeli forces.
Travel shares fell sharply on Monday as escalating conflict between the US, Israel and Iran disrupted flights around the globe, forced the closure of key Middle Eastern hubs and sent oil prices…
If the crisis blocks the Strait of Hormuz, 15 million barrels of crude oil per day will be prevented from reaching the markets.
US and Israeli air strikes have thrown energy markets into turmoil
Crypto Traders on Tenterhooks as Oil Prices Signal Risks Bloomberg.com
Stock market today: Nifty50 and BSE Sensex crashed in pre-open trade on Monday amidst rising Middle East tensions and global market turmoil, with impact on crude oil prices and trade in focus.
A prolonged disruption of traffic in the strait would trigger a spike in oil prices and potentially destabilise the global economy.
Oil Prices Could Rise Further on Hormuz Delays, Analysts Say Bloomberg
Oil prices surged more than 8 per cent to their highest in months on Monday (Mar 2) as Iran and Israel stepped up attacks in the Middle East.
Also in today’s newsletter: Japanese retailers wrestle with Chinese tourist boycott and inside Amazon’s mass lay-offs
Crude-oil markets won’t officially open for a few more hours, but traders are already using prediction markets like Kalshi to take bets on where prices will settle on Monday.
Trump’s War on Iran Threatens to Drive Up Oil Prices and Inflation WSJ
Trump’s War on Iran Threatens to Drive Up Oil Prices and Inflation WSJ
Global oil prices jumped sharply after U.S. and Israeli strikes on Iran, with Brent crude rising about 10% on Sunday as analysts warned prices could spike as high as $100 a barrel...
Things to Watch as Trump’s Iran Campaign Enters Pivotal Stretch WSJ
Major global shipping companies have already announced the suspension of using the Strait of Hormuz. One-fifth of the world's oil production could be at stake.
Iran Strikes Will Be Nasty for Oil Prices, But Not a Shock Bloomberg.com
Singapore on inflation alert as Gulf conflict threatens oil and gas price surge The Straits Times