Crude oil prices surpass $100 a barrel as the Iran war impedes production and shipping - AP News

Crude oil prices surpass $100 a barrel as the Iran war impedes production and shipping  AP News

Oil prices surge 20% on supply fears as US-Israeli war with Iran expands - Reuters

Oil prices surge 20% on supply fears as US-Israeli war with Iran expands  Reuters

Oil prices jump above $100 for first time in four years

Iranian oil facilities were hit as the US and Israel launched a fresh wave of airstrikes at the weekend.

Yardeni Raises Odds of US Market Meltdown to 35% on Iran War - Bloomberg.com

Yardeni Raises Odds of US Market Meltdown to 35% on Iran War  Bloomberg.com

Oil Prices Surge Above $100 a Barrel as Concerns About Supplies Grow

It was the first time in almost four years that oil had passed that mark.

By Rebecca F. Elliott and Joe Rennison

Oil Surges, Asian Equities Slump Amid Growing Middle East Conflict - WSJ

Oil Surges, Asian Equities Slump Amid Growing Middle East Conflict  WSJ

Oil market braces for $100 a barrel as Middle East producers cut output

Further attacks on energy infrastructure over weekend also pose new threat

Oil prices surge amid war in the Middle East

The price of a gallon of Brent oil has jumped by nearly 30% in a week as prospects of a longer war set in.

ASX plunges as spike in oil prices over Middle East crisis sparks global inflation fears

Selldown linked to disrupted oil supplies, the single biggest contributor to global inflation, which makes most goods and services more expensive Australian shares plunged on Monday, wiping about $13obn from the value of the ASX midway through the trading session, after a sharp rise in oil prices caused by the Middle East conflict sparked concerns of a breakout in global inflation. The benchmark S&P/ASX 200 was down 4% in lunchtime trading to dive below the 8,500 point mark, marking the singl...

By Jonathan Barrett Business editor

Crude oil rockets past $100 as markets lose hope for a quick resolution in Iran

Brent crude reached its highest price since Russia invaded Ukraine in 2022. Gasoline prices in the U.S. are expected to continue to rise.

By Camila Domonoske

Ölpreis schiesst über Marke von 100 US-Dollar

Der Preis für Brent-Öl springt drastisch nach oben. Beim Iran-Krieg ist kein Ende in Sicht. Der Transit von Öl und Gas durch die wichtige Strasse von Hormus liegt praktisch still. Die Börsen reagieren.

Oljeprisen kraftig opp

Krigen mellom Iran, USA og Israel har satt en propp i flyten av verdens olje og glass. Natt til mandag steg prisen på et fat nordsjøolje kraftig opp 119 dollar.

By Tora Alfsdotter Vassnes

Qatar warns Iran war could halt Gulf energy exports ‘within weeks’

Global economies will be affected if the war on Iran continues for weeks, according to Qatar's energy minister.

Japan, South Korea stocks tumble over 6% as oil tops $100 amid broader Asia market rout

Brent futures spiked 16.1% to last trade at $107.61, while U.S. West Texas Intermediate crude futures rose almost 17.7% to $107.02

Canadians feel the pinch at the pump as conflict in the Middle East drives up gas prices

Canadians saw fuel prices climbing across the country this week as the conflict in the Middle East drives up the price of oil. One expert says those high numbers are likely to stick around for a while, even if the war ends in the next few weeks.

Maersk streicht wegen Nahost-Krieg weitere Schiffsverbindungen

Die Reederei Maersk streicht wegen des Nahost-Kriegs weitere Schiffsverbindungen. Die Lage der Logistikbranche weltweit ist beeinträchtigt. Verbraucher müssen sich auf steigende Preise einstellen.

110 Dollar pro Barrel: Ölpreis-Schock lässt Börsen in Fernost einbrechen

Nach einem Anstieg des Ölpreises auf 110 Dollar je Barrel starten die Aktienmärkte in Japan und Südkorea mit hohen Verlusten in die Woche. Erste Konzerne warnen vor Folgen für ihr Geschäft.

By Tim Kanning, Tokio, Gustav Theile, Shanghai

Oliepriserne stiger stort og markederne falder – følg med direkte

Oliepriserne er eksploderet mandag morgen, og de store ledende aktieindeks falder stort. Berlingske følger udviklingen direkte.

By mida@berlingske.dk (Mikkel Danielsen)

Le pétrole dépasse 110 dollars, les Bourses de Tokyo et Séoul dévissent de 6%

Vers 00H20 GMT, le baril de West Texas Intermediate (WTI, référence du marché américain), s’envolait de 18,3%, à 107,54 dollars. Il est monté jusqu’à 111,24 dollars.

Oljepriset rusar – över 100 dollar fatet

Kriget i Iran får priset på olja att rusa. Natten mot måndagen handlades ett fat Nordsjöolja (brent) för över 100 dollar. USA:s president Donald Trump beskriver prisuppgången som ”ett lågt pris att betala” för att undanröja hot från Iran.

Ölpreis steigt weiter, Börsen brechen ein

Der Ölpreis verzeichnet einen Anstieg um rund 20 Prozent seit Freitag. Die Börsen in Ostasien, Südkorea und Ostasien starten mit heftigen Verlusten

Ölpreis steigt weiter, Börsen brechen ein

Skokowe wzrosty cen ropy. Donald Trump: To niska cena, którą trzeba zapłacić

Ceny za baryłkę ropy przekroczyły 100 dolarów. Donald Trump uspokaja jednak, że wzrost cen tego surowca jest tymczasowy.

By Artur Bartkiewicz

株価 一時3000円を超える急落 原油の安定供給への懸念強まる中

週明けの9日の東京株式市場、日経平均株価は先週末の終値と比べて、一時、3000円を超える急落となっています。8日のニューヨーク原油市場で国際的な取り引きの指標となるWTIの先物価格がおよそ3年8か月ぶりに一時、111ドル台まで上昇するなど、イラン情勢を受けた原油の安定供給への懸念が一段と強まっているためで、東京株式市場でも取引開始直後からほぼ全面安の展開となっています。

Pesymistyczne prognozy Kataru: ogromna podwyżka i wielkie hamowanie rynków

Minister energii Kataru Saad ibn Szerida al-Kaabi poinformował, że wojna zmusi kraje Zatoki Perskiej do wstrzymania eksportu ropy i gazy w ciągu kilku najbliższych tygodni - donosi "The Financial Times". Polityk oczekuje też, że ceny ropy wzrosną nawet do 150 dolarów za baryłkę.

Iran, in Italia Finanza in campo per la speculazione sui carburanti

Benzinai contro le compagnie petrolifere L’Autorità energia prepara uno sconto in bolletta per il prossimo inverno

By repubblicawww@repubblica.it (Redazione Repubblica.it)

Ha be is vezetik a benzinárstopot, biztosan nem 480 forint lesz a szintje

A 2021-ben bevezetett 480 forintos hatósági benzinár mai értéken épp annyi, mint ameddig a becslések szerint emelkedhet az üzemanyagok piaci ára.

By Hajdu Miklós

Middle East war: Fuel prices surge in France amid margin concerns

Motorists in Lille and across northern France have seen petrol and diesel prices jump sharply in recent days, with some stations reporting increases of up to 20 cents per litre. The sudden rise has prompted scrutiny from the government, with the economy minister summoning fuel industry representatives amid concerns some retailers may be raising profit margins excessively.

By FRANCE24

U.S. stock futures sink after oil surges above $100 a barrel as Iran conflict rages

U.S. stock-market futures fell on Sunday as crude futures surged above $100 a barrel for the first time since 2022 amid growing fears about the economic effects of the conflict with Iran.

By Mike Murphy

Olíuverð hækkað um 30% á örskömmum tíma

Olíuverð á heimsmarkaði hefur hækkað verulega síðan á föstudag eftir aukna spennu og átök í Mið-Austurlöndum.

Geld klotst door Iran weer tegen de plinten bij Shell, rederij Maersk loopt vast

Az olaj ára kilőtt a közel-keleti háború miatt

A északi-tengeri Brent olaj ára egy nap alatt 25 százalékot emelkedett. Elemzők szerint, ha a konfliktus elhúzódik, az olaj ára akár 120 dollár fölé is emelkedhet, ami a világgazdaságot recesszióba sodorhatja.

By szerzo@hvg.hu (MTI)

Japan stocks drop more than 7% as crude oil surges past $100 - Nikkei Asia

Japan stocks drop more than 7% as crude oil surges past $100  Nikkei Asia

The US secretary of energy says Iran is not a war but a 'temporary movement' and that gas prices will go down in weeks

US Energy Secretary Chris Wright. Rebecca Blackwell / POOL / AFP The US energy secretary is working to reassure Americans that high gas prices won't last. Chris Wright said the conflict in Iran is a "temporary movement," rather than a "long-term war." He said gas prices could go down "in weeks." US Energy Secretary Chris Wright made the morning show rounds on Sunday to downplay concerns about surging gas and oil prices, assuring Americans that the war with Iran isn't "long-term." "What you ...

Kuvajt proglasio da je zbog više sile smanjio proizvodnju sirove nafte

Kuvajtska naftna korporacija (KPC) aktivirala je danas klauzulu o višoj sili (force majeure) i počela da smanjuje proizvodnju sirove nafte, javlja age

Avertismentul sumbru al analiștilor privind criza din Orientul Mijlociu: Scenariul unei recesiuni globale; Nu am fost pregătiți

Războiul din Orientul Mijlociu ar putea avea efecte uriașe asupra economiei globale, inclusiv asupra cele din din România. Adrian Mitroi a explicat la Digi24 că prețul la motorină și liberalizarea prețului la gaze programată la sfârșitul lunii ar putea genera o „criză pentru care nu am fost pregătiți”.

Povijesni skok cijena nafte kakav nije viđen od 1983. "Moglo bi otići i do 150 dolara"

ZBOG rata SAD-a i Irana, cijene nafte zabilježile su rekordan tjedni rast. Poremećaji u Hormuškom tjesnacu prijete skokom cijene na 150 dolara po barelu i slomom svjetskih gospodarstava.

Billionaire Gas Station Owner Calls Iran War Price Hikes Temporary: ‘Suffer For One Month’ - Forbes

Billionaire Gas Station Owner Calls Iran War Price Hikes Temporary: ‘Suffer For One Month’  Forbes

FTSE 100 extends slide as Brent crude tops 90 dollars a barrel

For the week, the FTSE 100 was down 5.7%, the FTSE 250 fell 5.3% and the AIM All-Share dipped 4.2%.

By Jeremy Cutler

Drastične podražitve pogonskih goriv po Evropi

Rezervoar dizla v Nemčiji v štirih dnevih dražji za 12 evrov, rezervoar bencin pa za sedem evrov.

Degalų kainos kursto vairuotojų pyktį: keičiasi akyse

Kuro kainos kursto vairuotojų ir politikų aistras. Vieni piktinasi, kiti tiesiog spjauna ir važiuoja į Lenkiją, kur degalai pigesni. Šią savaitę į viršų šoko tiek mažmeninės, tiek didmeninės kuro kainos, ir tai įvyko visoje Europoje.

Asian equities plunge as oil soars 30% on West Asia crisis

Investors, already spooked by concerns over extended tech valuations and the huge spending on AI, ran for the hills as crude rocketed to its highest level since the Russian invasion of Ukraine in 2022

Crop Prices Jump as War Snarls Trade and Risks Tightening Supply

Войната в Иран | Шок с цената на петрола – рязък скок от 25% до 115 долара

Цените на петрола скочиха над прага от 100 долара за барел за първи път от почти четири години, тъй като търговците залагат, че разширяващият се конфликт в Близкия изток ще доведе до продължителни прекъсвания в доставките. Международният бенчмарк брент - скочи с 25% по време на търговията в Азия в понеделник до 116.17 долара за барел. Американският сорт WTI се повиши с 28% до 116.29 долара. Този рязък скок следва рекордното седмично поскъпване на петрола миналата седмица след американските и ...

By Кирил Кирчев <capital.nospam@capital.bg>

Petrolul trece de 100 de dolari, iar lumea se pregătește de o nouă criză energetică

Piețele energetice se confruntă cu un șoc uriaș: prețul petrolului a depășit 100 de dolari pe baril, în contextul în care războiul din Orientul Mijlociu provoacă cea mai mare perturbare a aprovizionării din istorie. Contractele futures Brent au crescut cu până la 27,8%, ajungând la 119 dolari pe baril, în timp ce țițeiul american West …

By Dan Popa

El petróleo supera los 100 dólares y los futuros bursátiles caen ante la escalada de la guerra

El creciente estrés sobre el transporte y la infraestructura petrolera tienen a los inversores globales preparándose para más turbulencias

By Autor Agencias

Dubai travel update: What you need to know as airlines restart operations in phases

<img border="0" hspace="10" align="left" style="margin-top:3px;margin-right:5px;" src="https://timesofindia.indiatimes.com/photo/129257319.cms" />

By TOI World Desk

Кувейт спира добива на петрол, цената на "Брент" се извиси до 95 долара

Кувейт започна да спира производството на петрол, защото няма къде да го съхранява, а танкерите не преминават през Ормузкия проток заради заплахата от удари от Иран. Бързо се запълват петролните депа и в Саудитска Арабия и Обединените арабски...

By Петър Карабоев

Diesel und Heizöl ab Samstag so teuer wie zuletzt Ende 2022

Erst von Mittwoch auf Donnerstag wurden Diesel und Heizöl um jeweils mehr als 20 Cent pro Liter teurer. Jetzt steht schon der nächste Aufschlag an. Super 95 kostet dann ebenfalls mehr.

By Sebastian Offner

Global markets tumble as oil surges amid escalating US-Israel-Iran war

US Iran war: The spike in oil prices came after attacks on energy infrastructure and rising tensions across the region threatened production and shipping routes

South Korea leads Asia market rout as oil spikes, circuit breaker triggers as Kospi plunges 8% - The Straits Times

South Korea leads Asia market rout as oil spikes, circuit breaker triggers as Kospi plunges 8%  The Straits Times

Oil prices surge 20% on supply fears as US-Israeli war with Iran expands

Cijena nafte porasla za preko 25 posto, na putu je rekordnog dnevnog skoka zbog eskalacije rata s Iranom

Cijene nafte porasle su u ponedjeljak za više od 25 posto, dostigavši ​​najviši nivo od sredine 2022. godine, jer su neki veliki proizvođači smanjili zalihe, a strah od produženih poremećaja u isporuci obuzeo je tržište zbog širenja američko-izraelskog rata s Iranom.

By Piše: N. V.

KSE-100 plunges nearly 9,800 points, trading halted early Monday

Pakistan’s benchmark KSE-100 index plummeted 9,780.15 points around 9:20am on Monday, triggering a temporary halt in trading. According to a notice issued by the Pakistan Stock Exchange, a market halt was triggered after the KSE-30 index fell 5 per cent from its previous trading day’s close. In line with PSX regulations, all equity-based markets were subsequently suspended. The sell-off comes amid escalating geopolitical tensions and a surge in global oil prices, which have weighed heavily on...

By none@none.com (Business Desk)

Ιστορικό άλμα στις τιμές πετρελαίου, κατά 30% και πλέον αυξάνεται του WTI

Οι τιμές του πετρελαίου επιταχύνουν ακόμη περισσότερο σήμερα την ιστορική άνοδό τους. Η άνοδος του WTI αυξάνεται κατά 30% και πλέον και αυτή του Brent κατά 27%, και με τις δυο ποικιλίες αναφοράς να έχουν ξεπεράσει πλέον τα 116 δολάρια το βαρέλι, καθώς οι αγορές έχουν καταληφθεί από πανικό μπροστά στη συνέχιση του πολέμου στη Μέση Ανατολή και το de facto κλείσιμο του στενού του Χορμούζ. Περί τις 04:30 (ώρα Ελλάδας), η τιμή του βαρελιού του WTI (West Texas Intermediate), αμερικανικής ποικιλίας ...

By NEWSROOM IEFIMERIDA.GR

Μίνι κραχ στις ασιατικές αγορές – Ακατάσχετη αιμοραγγία από το σοκ του πετρελαίου

Ισχυρούς κραδασμούς προκαλεί στις ασιατικές αγορές το ενεργειακό σοκ που πυροδοτεί ο πόλεμος στη Μέση Ανατολή. Μίνι κραχ στις ασιατικές αγορές – Ακατάσχετη αιμοραγγία από το σοκ του πετρελαίου - Η ΝΑΥΤΕΜΠΟΡΙΚΗ

By Νατάσα Στασινού

Kospi sinks over 6% as oil surge triggers sell-side sidecar

South Korea’s benchmark Kospi plunged in early trading Monday as surging oil prices triggered by the US-Israel war with Iran rattled global markets, prompting the activation of a sell-side sidecar designed to curb excessive volatility. The Korean won also weakened sharply against the dollar. The Kospi opened at 5,265.37, down 5.72 percent from the previous session, and extended losses to as low as 5,171.53 in early trading. As of 9:35 a.m., the index was trading at 5,234.82, down 6.27 percent. A

By The Korea Herald

Nikkei 225 declines more than 6% as oil breaks $100 a barrel

Higher energy prices could contribute to higher inflation and lower economic growth.

Nikkei stock index sinks over 6%, falls below 53,000 after crude oil surges - 毎日新聞

Nikkei stock index sinks over 6%, falls below 53,000 after crude oil surges  毎日新聞

Kuvajt proglasio da je zbog više sile smanjio proizvodnju sirove nafte

Kuvajtska naftna korporacija (KPC) aktivirala je danas klauzulu o višoj sili (force majeure) i počela da smanjuje proizvodnju sirove nafte, javlja agencija Rojters.

By Radmila Marković

Traders warn $100-a-barrel oil is imminent if Iran war keeps raging

While oil and gas prices have surged this week, as ship traffic through the Strait of Hormuz has all but halted, they remain far below the highs seen just after Russia invaded Ukraine.

LPG Cylinder Price Hiked Despite "Comfortable" Energy Stock. Sources Say Why

Sources said the Saudi Contract Price has increased substantially over the past few months.

Hausse des prix à la pompe? Jackpot pour l'Etat !

Chaque augmentation de prix des carburants permet à l’État d’engranger des sommes supplémentaires via la TVA. ...

By Yannick Natelhoff

Dizel skuplji za oko 16 centi, a benzin za pet do šest centi?

Iz Ministarstva finansija kazali "Vijestima" da prate situaciju. Resor Novice Vukovića može predložiti Vladi smanjenje akciza kako bi spriječili novi inflatorni udar

Fuel industry rejects price gouging accusations

Representatives of the fuel industry have rejected accusations of price gouging in the sector.

Petrol and diesel could hit €2 a litre this weekend, station owner warns as minister meets industry reps

The price of a litre of fuel could rise above €2 as soon as tomorrow, an owner of a service station has said.

Oil shoots higher, shares skid as Middle East conflict drags on

Seoul shares open sharply lower on market volatility over Iran; crude oil prices surge - Yonhap News Agency

Seoul shares open sharply lower on market volatility over Iran; crude oil prices surge  Yonhap News Agency

Airline shares battered as oil prices spike, Iran war intensifies

Surging oil prices and the escalating U.S.-Israeli war with Iran hammered airline stocks in Asia on Monday, piling pressure on carriers already navigating tight airspace as travellers scramble to evade the Middle East conflict. The war has driven up fuel prices, with oil jumping 20% in early trading on Monday, hitting its highest since July […]

By Newsroom

Asian markets crash as oil tops $110; Nikkei and Kospi plunge over 6% amid Middle East war crisis

Цените на нафтата скокнаа над 100 долари за барел додека војната во Иран се засилува

Фјучерсите на американската сурова нафта пораснаа за 14,7%. Фјучерсите на Брент, глобалниот репер, се зголемија за 12,63% на 104 долари за барел заклучно со 23:06 часот. Фјучерсите на Дау, во меѓувреме, паднаа за 851,6 поени, или 2%. Фјучерсите на Ес-ен-Пи 500 и Насдак паднаа за 1,73% и 1,65%, соодветно, додека се појави загриженост дека потресите […] The post Цените на нафтата скокнаа над 100 долари за барел додека војната во Иран се засилува appeared first on МКД.МК.

By ruzica

Η ενεργειακή αγορά σε αναβρασμό- Φόβοι για νέο παγκόσμιο σοκ – Το πετρέλαιο πάνω από τα 90 δολάρια το βαρέλι

Οι διεθνείς αγορές ενέργειας κινούνται σε έντονα νευρικό κλίμα, καθώς η κλιμάκωση της έντασης στη Μέση Ανατολή επαναφέρει στο προσκήνιο τους φόβους για σοβαρές διαταραχές στην παγκόσμια προσφορά ενέργειας. Η αντίδραση στις τιμές του πετρελαίου ήταν άμεση και ιδιαίτερα ισχυρή, με το Brent crude να εκτινάσσεται πάνω από τα 94,5 δολάρια το βαρέλι, καταγράφοντας διψήφια ποσοστιαία άνοδο μέσα σε λίγες ημέρες και επιστρέφοντας σε επίπεδα που είχαν να εμφανιστούν εδώ και πολλούς μήνες. Ανάλογη ήταν ...

NM Espresso: PAS все-таки назначила фон Хебеля, цены на топливо растут, Додон хочет закупать газ у России

Цены на топливо Цены на топливо в Молдове продолжают расти в связи с эскалацией конфликта на Ближнем Востоке. Сегодня бензин АИ-95 подорожал еще на 21 бан — до 24,54 лея за литр, солярка — на 63 бана, до 22,87 лея. С начала недели бензин АИ-95 подорожал на 70 банов, а солярка — почти на 2 […] The post NM Espresso: PAS все-таки назначила фон Хебеля, цены на топливо растут, Додон хочет закупать газ у России appeared first on NewsMaker.

By Marina Ghilien

Eine Woche Iran-Krieg: Die Eskalation in Zahlen und Grafiken

Seit den Angriffen der USA und Israels eskaliert der Krieg im Iran. Mehr als 750 Ziele wurden attackiert, über 1450 Menschen getötet. Eine Übersicht.

Strait of Hormuz closure affecting Korea Inc., from oil to petrochemicals, chips and autos - Korea JoongAng Daily

Strait of Hormuz closure affecting Korea Inc., from oil to petrochemicals, chips and autos  Korea JoongAng Daily

Prices at filling stations have increased by up to 26c in just three days

The price of diesel has jumped – but the government says consumers shouldn’t be seeing a price hike at forecourts.

Gov’t warns vs profiteering, excessive pump prices amid Middle East conflict

'They just announced price increases in the world market but some retailers already raised their prices. This is profiteering,' says Senator Sherwin Gatchalian

By Tatiana Maligro

Ξέφρενη κούρσα σήμερα στο πετρέλαιο - Έσπασε το φράγμα των 90 δολαρίων

Η τιμή του brent βρέθηκε στα 92,75 δολάρια το βαρέλι, αυξημένη πάνω από 8% σε σχέση με τη χθεσινή τιμή και το υψηλότερο επίπεδο από τον Απρίλιο του 2024

DEPDev warns: Worst-case scenario sees diesel hitting P96 per liter

MANILA, Philippines — Diesel prices by March 2026, considering a worst-case scenario wherein war in the Middle East drags on and passage along the Strait of Hormuz remains restricted, may rise up to P96 per liter according to an official of the Department of Economy, Planning, and Development (DEPDev). During Monday’s hearing of the House of Representatives’

By jvicente

Retail traders rush into oil and gold as Middle East tensions rise further - Gulf News

Retail traders rush into oil and gold as Middle East tensions rise further  Gulf News

One week of Iran war: Global economy feels the heat as energy and aviation bear brunt - thenationalnews.com

One week of Iran war: Global economy feels the heat as energy and aviation bear brunt  thenationalnews.com

Thai oil retailers baulk at order to triple reserves

Thailand’s major oil retailers disagree with a government order for them to triple their reserves to ensure a sufficient supply for motorists during the war in the Middle East.

Middle East conflict sends oil prices skyrocketing - China Daily - Global Edition

Middle East conflict sends oil prices skyrocketing  China Daily - Global Edition

UAE and Kuwait start oil output cuts - Taipei Times

UAE and Kuwait start oil output cuts  Taipei Times

Pakistan’s oil price hike to slow growth, increase inflation, warn economists, industrialists - Arab News

Pakistan’s oil price hike to slow growth, increase inflation, warn economists, industrialists  Arab News

Govt vehicle fuel bill of Rs70b increased by 25%

Annual expenditure on official transport expected to jump

By Muhammad Ilyas

Top UAE retailer brings in 80,000kg of food essentials on charter cargo flights - Khaleej Times

Top UAE retailer brings in 80,000kg of food essentials on charter cargo flights  Khaleej Times

Price Controls Arrive: South Korea, Taiwan Impose Fuel Price Cap

Price Controls Arrive: South Korea, Taiwan Impose Fuel Price Cap It’s a bloodbath across Asian markets this morning with Asia being the world’s largest oil-importing region. Based on a Goldman analysis of the impact of higher oil on real GDP growth (chart below), China is the most insulated from supply-driven oil price increases compared to other emerging Asian economies, with $15/bbl higher crude oil prices leading to 0-0.1pp lower GDP growth and 0.1-0.2pp higher headline CPI i...

By Tyler Durden

Tengku Zafrul: Govt ready to face economic impact as Middle East conflict drives oil volatility

KUALA LUMPUR, March 9 — The government is prepared to face any eventuality affecting the country’s economic...

Again, Dangote refinery raises petrol gantry price as Iran conflict rattles oil market

The Dangote Petroleum Refinery has increased its petrol gantry price by N121 to N995 per litre, citing rising crude costs and supply disruptions linked to the escalating United States–Israel conflict with Iran. The post Again, Dangote refinery raises petrol gantry price as Iran conflict rattles oil market appeared first on Premium Times Nigeria.

By Abdulkareem Mojeed

UAE, Kuwait start oil output cuts after Hormuz Blockage - The Star

UAE, Kuwait start oil output cuts after Hormuz Blockage  The Star

Govt increases petrol, diesel prices by Rs55 per litre amid Middle East tensions - Geo News

Govt increases petrol, diesel prices by Rs55 per litre amid Middle East tensions  Geo News

Crude Oil WTI Spikes by 28% Overnight to $116, Gasoline Futures +17%. Asian Stocks Plunge, US Stock Futures Deep Red

For the US, the Strait of Hormuz blockage is a Price Shock and inflation problem, not a Supply Shock. For Europe and Asia, it could turn into a Supply Shock if the blockage persists.

By Wolf Richter

Petrol price hits N1,040/litre in Lagos, N1,080 in Abuja - The Guardian Nigeria News

Petrol price hits N1,040/litre in Lagos, N1,080 in Abuja  The Guardian Nigeria News

Nigerians groan over Dangote petrol price hike

Nigerians face rising costs as the Dangote petrol price hike pushes fuel above N1,000/litre, impacting transport fares and household incomes nationwide. Read More: https://punchng.com/nigerians-groan-over-dangote-petrol-price-hike/

By Punch Newspapers

Oil Surges Above $90, Middle East War Threatens Global Energy Supply - The Daily Star Lebanon

Oil Surges Above $90, Middle East War Threatens Global Energy Supply  The Daily Star Lebanon

Investor sentiment turns cautious after volatile week - vietnamnews.vn

Investor sentiment turns cautious after volatile week  vietnamnews.vn

George Prokopiou: His ships defy the missiles in the Strait of Hormuz, as Onassis & Niarchos once did, writes the Wall Street Journal

In a feature on the Greek shipowner, the Wall Street Journal describes one of the boldest moves of his career, as his ships are among the very few sailing through the Strait of Hormuz The post George Prokopiou: His ships defy the missiles in the Strait of Hormuz, as Onassis & Niarchos once did, writes the Wall Street Journal appeared first on ProtoThema English.

By Newsroom

M-East war: Crude may hit $130 — experts; petrol stabilises at N1,040 in Lagos, N1,080 in Abuja

Nigeria’s downstreampetroleum sector may face renewed instability as industry experts warn that crude oil prices could rise to $130 per barrel if the ongoing tension The post M-East war: Crude may hit $130 — experts; petrol stabilises at N1,040 in Lagos, N1,080 in Abuja appeared first on Vanguard News.

By olufemiajasa

Brent oil on verge of $90, what’s refining advantage of Iran’s oil? - Tehran Times

Brent oil on verge of $90, what’s refining advantage of Iran’s oil?  Tehran Times

Oil prices surge above $110 and shares slide over Iran war

Global oil prices have jumped above $110 (£82.74) a barrel, and stock markets have slumped as the escalating US-Israeli war with Iran has fuelled fears of prolonged disruption to shipments through the Strait of Hormuz.

By Abubakar Ibrahim

Qatar Airways to operate limited flights to Doha - Qatar Tribune

Qatar Airways to operate limited flights to Doha  Qatar Tribune

KPC implements precautionary adjustment - Kuwait Times

KPC implements precautionary adjustment  Kuwait Times

War risk disrupts Sri Lanka’s tea shipping routes - Daily Mirror - Sri Lanka

War risk disrupts Sri Lanka’s tea shipping routes  Daily Mirror - Sri Lanka

Oil posts its biggest weekly jump since 2020 as the Iran war disrupts Hormuz

Oil became this week’s clearest barometer of the Middle East crisis, with Brent hovering near US$90 a barrel and WTI around US$87.5, putting both contracts on track for their biggest weekly advance since 2020. The same factor sits behind the surge: the de facto blockage of the Strait of Hormuz, through which roughly one-fifth of the world’s oil normally passes.

Qatar Airways announces limited flights for March 9–11 amid airspace closure

Limited flights to and from Doha have been confirmed by Qatar Airways for March 9, 10 and 11 amid the temporary airspace closure. Qatar Airways has announced a limited flight… (The post Qatar Airways announces limited flights for March 9–11 amid airspace closure is from Doha News | Qatar.)

By Farah AlSharif

Azeri Light oil price jumps to nearly $88 per barrel in global markets - AzerNews

Azeri Light oil price jumps to nearly $88 per barrel in global markets  AzerNews