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

China exports surge in first two months of the year despite Trump tariffs

The jump in shipments puts the world's second largest economy on track to top the record-breaking annual trade surplus it saw in 2025.

Rising Fuel Costs Pressure Airlines and Truckers

The price of jet fuel and diesel has surged since the war in Iran began, which could force airlines and trucking companies to pass on higher costs to their customers.

By Niraj Chokshi, Emmett Lindner and Peter Eavis

Oil Slides Further After G-7 Asks to Ready Plans to Tap Reserves - WSJ

Oil Slides Further After G-7 Asks to Ready Plans to Tap Reserves  WSJ

The Iran energy shock reverberates across financial markets

For investors, the war is like the invasion of Ukraine all over again

Inside one of the wildest days the oil market has ever seen

How one London trading floor coped with a record swing in prices

The right and wrong ways to reduce oil prices

America could be spared the worst, but the world will suffer.

By Editorial Board

Oil passes $100 a barrel following Strait of Hormuz blockage and Middle East war

The blockage of the Strait of Hormuz is forcing Persian Gulf countries to reduce their crude oil production. G7 leaders are considering jointly releasing their strategic reserves to supply the markets.

Qantas hikes international air fares citing volatile oil prices from war in Middle East

Airline reports spike in ticket sales to Europe in March, as passengers with carriers affected by flight chaos rebook Get our breaking news email, free app or daily news podcast Qantas has announced it is increasing the price of its international air fares amid oil price volatility caused by the war in the Middle East, while the airline also reported higher-than-normal ticket sales for flights to Europe. While the company hedges against change in jet fuel prices, it was not fully covered fo...

By Luca Ittimani

Consumers concerned after Iran war drives gas prices higher

Gas prices remain higher than usual across the US, as the price of crude oil has been swinging wildly in response to the Iran war.

By Tovia Smith

Could the US-Israel war with Iran fuel global inflation?

Oil prices are swinging as markets react to every twist in the conflict.

Trump administration starts to panic over rapidly rising oil costs - CNN

Trump administration starts to panic over rapidly rising oil costs  CNN

Travel is about to get more expensive as Iran conflict sparks jet fuel crunch

The Iran conflict has disrupted shipping routes through the Strait of Hormuz, tightening jet fuel supplies and stoking fears that airfares would climb.

Gas prices pass $3.50 per gallon to highest level since 2024 amid U.S.-Iran war

Prices are up 21% from a month ago with the oil market roiled by the U.S.-Iran war.

Markets steady, crude oil prices ease on Tuesday after volatile start to week

Trading steadied early Tuesday and crude prices eased after wild swings this week with investors trying to figure out how long the war with Iran will continue.

Oil prices rise above US$100 per barrel as fighting in Iran escalates – CNN

Escalating fighting in Iran has pushed global oil prices above US$100 per barrel, raising fuel costs and triggering a drop on stock markets.

By Irina Vakulyuk

India news: 'No plans to increase fuel prices'

Oil prices have fallen globally after Donald Trump said the Iran war could 'end soon.' Indian officials have reportedly said fuel prices may remain stable. Find out what else India is talking about in our roundup.

Hong Kong Airlines to raise fuel surcharges by up to 35% amid oil price surge

Hong Kong Airlines will raise its fuel surcharges by up to 35.2 per cent from Thursday amid soaring oil prices driven by escalating conflict in the Middle East, becoming the first local carrier to do so. The airline announced on its website on Tuesday that fuel surcharges for tickets issued on or after March 12 would be increased. Travellers on flights between Hong Kong and the Maldives, Bangladesh and Nepal will face the sharpest increases, with charges rising 35.2 per cent from HK$284 (US$3...

By Leopold Chen

Hungary reintroduces gasoline and diesel price caps

PM Orbán said that this was necessary because of the war in Iran and the Ukrainian oil blockade. The last time a similar decision was made was in 2021 and it stayed in effect for over a year.

By Madzin Emília

Oil prices surge amid Middle East conflict for first time since 2022

The Iran crisis has sent oil prices surging, and the G7 finance ministers are meeting later today to discuss possibly releasing strategic oil reserves to stabilise oil prices. The Brent oil barrel has reached its highest price since the Russian invasion of Ukraine. Solange Mougin has more on the factors that can make the price of the barrel fluctuate.

By FRANCE24

Oil futures slide 8% as energy ministers set to meet on emergency reserves

Oil futures took another swift dive on Tuesday as world leaders consider releasing emergency supplies as the Iran conflict stretched into an eleventh day.

By Nora Redmond

What smart people are saying about inflation as the war in Iran presses on

Consumers are experiencing higher prices at the gas pump. Brandon Bell/Getty Images The Iran war-induced oil spike will likely affect inflation in March. Energy could have spillover effects on other areas of the economy. Consumers are already taking a hit over the cost of living. There's a new force that could push up inflation in the US once again: The Iran war. Oil prices passed $100 a barrel on Sunday after the effective closure of the Strait of Hormuz cut off crude shipments from the Pe...

Feedback Effects From Higher Oil Prices Threaten The Economy - Forbes

Feedback Effects From Higher Oil Prices Threaten The Economy  Forbes

Oil prices fall and stock markets rebound on hopes of end to Iran war

The price of Brent crude was more than 8% lower at just under 91 US dollars a barrel, having surged past 100 dollars a barrel on Monday.

By Holly Williams

Oil prices fall after Trump forecasts end to Middle East conflict

LPG shortage shuts 20% of Mumbai eateries, industry warns of wider closures

Hotel associations say supply disruptions linked to West Asia conflict could force up to 50% of restaurants in Mumbai to shut within days

US-Iran war: Air India flight ticket prices to rise! Fuel surcharge hiked

By TOI BUSINESS DESK

Air India flight fares set to go up as airline announces hike in fuel surcharge amid US-Iran war

Air India flight fares set to go up as airline announces hike in fuel surcharge amid US-Iran war

With Trump’s mixed messaging on Iran war end, calm in oil markets may be fleeting - The Straits Times

With Trump’s mixed messaging on Iran war end, calm in oil markets may be fleeting  The Straits Times

Global flight fares shoot up as Middle East tensions trigger oil price surge

Air India Fares To Rise As It Imposes Fuel Surcharge Amid Iran War

Air India will introduce a phased increase in fuel surcharges across its domestic and international network, the airline announced today, citing a sharp rise in jet fuel prices driven by the Iran-US war in the Middle East.

Seoul shares rebound more than 5% on eased Iran woes; won sharply up

South Korean stocks rebounded more than 5 percent Tuesday after suffering a sharp decline the previous session, as investors hunted bargains amid eased concerns over the US-Iran conflict. The local currency gained sharply against the greenback. The Korea Composite Stock Price Index moved up 280.72 points, or 5.35 percent, to close at 5,532.59. Trade volume was heavy at 913 million shares worth 28.4 trillion won ($19 billion), with gainers far outpacing losers 753 to 146. Individual investors sol

By The Korea Herald

Airfares take off as Middle East war sends jet fuel soaring

Australia’s Qantas Airways and Air New Zealand said on Tuesday they are hiking fares due to the Middle East conflict, underscoring how global airlines are struggling to cope with the sudden and soaring costs of fuel. Jet fuel prices, which were around $85 to $90 per barrel prior to the conflict, have increased sharply to […]

Oil falls as Trump predicts Middle East de-escalation

Oil prices fell today after hitting an over three-year high in the previous session as US President Donald Trump predicted the war in the Middle East could end soon, easing concerns about prolonged disruptions to global oil supplies.

Oil shock

EXTERNAL shocks have repeatedly shaped Pakistan’s economic trajectory. From oil crises to global financial turbulence, the pattern is a familiar one: rising import costs weaken the balance-of-payments, inflation accelerates and pressure mounts on the exchange rate. The latest tensions in the Middle East threaten to trigger a similar sequence at a moment when Pakistan’s policy space is already constrained by an IMF stabilisation programme. The Middle East crises, combined with Pak-Afghan borde...

By none@none.com (Ehsan Malik)

How US-Israeli war on Iran is upending global business

The affected markets range from the aviation industry to chip manufacturing and even the fashion world.

Airline shares battered as oil prices spike, Iran war intensifies

The war has driven up fuel prices, with oil jumping 20% in early trading on Monday, hitting its highest since July 2022.

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.

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

Milan bourse closes up 2.67% after Trump says war almost over

(ANSA) - ROME, MAR 10 - The Milan bourse closed up 2.67% Tuesday after United States President Donald Trump said the Iran war is almost over. With oil prices dropping by double digits (WTI is currently trading down about 10% at around $85 a barrel), the FTSE MIB index closed up 2.67% at 45,201 points, among the best performing stocks of the day in Europe. Wall Street also advanced. The Dow Jones rose 0.52% to 47,990.58 points, the Nasdaq gained 0.61% to 22,834.45 points, and the S&P 500 gaine...

By ANSA

Greek-operated tanker with Saudi oil cargo sails through Hormuz, ship tracking data shows

A Greek‑operated oil tanker has sailed through the Strait of Hormuz, ship tracking data showed on Monday, in a sign that some commercial vessels are still attempting to navigate the vital passage despite the U.S.-Israel war with Iran. The Shenlong Suezmax, with a capacity of 1 million barrels, is carrying Saudi Arabian crude loaded at […]

By newsroom

Oil and gas prices plunge after Trump claims that Iran war 'pretty much' over

Trump warned Iran that if oil shipments are stopped in the Stait of Hormuz, the country will be hit “TWENTY TIMES HARDER than they have been hit thus far”.

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

Indian Firms Snap Up Russian Oil Cargos Amid Mideast Supply Crisis – Bloomberg

Indian companies have bought up nearly all Russian crude available on the spot market after the U.S. granted India a temporary waiver to purchase it.

Oil prices hit highest since 2022 | The wRap

Today’s headlines: Oil prices, electricity price hike, Ted Herbosa

By Rappler.com

NZ airlines have just increased their fares – here's by how much - NZ Herald

NZ airlines have just increased their fares – here's by how much  NZ Herald

Rate hike on the cards as oil breaches $110, rand tanks to 3-month low - Daily Maverick

Rate hike on the cards as oil breaches $110, rand tanks to 3-month low  Daily Maverick

Solons ask DOE: Why not stop fuel price hikes when firms use old stock?

MANILA, Philippines — Two lawmakers questioned the Department of Energy (DOE) on why it cannot stop oil companies from imposing fuel price hikes due to the Middle East conflict, even when their current supply was purchased before the crisis. During Monday’s House committee on ways and means hearing, Manila Rep. Rolando Valeriano asked DOE Director Rino

By mmercado

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

Middle East flight updates: Global airlines that have cancelled, suspended and added routes - thenationalnews.com

Middle East flight updates: Global airlines that have cancelled, suspended and added routes  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.

How the economy may fare in the maelstrom - eKathimerini.com

How the economy may fare in the maelstrom  eKathimerini.com

UAE and Kuwait start oil output cuts - Taipei Times

UAE and Kuwait start oil output cuts  Taipei Times

Rising oil prices threaten African economies, new analysis warns

Sub-Saharan Africa’s reliance on imported oil leaves countries exposed to economic shocks amid the escalating Middle East conflict. Rising crude and LNG prices threaten import bills, inflation and currency stability, particularly in nations with low reserves

By Sheree Bega

Govt to absorb future fuel price hikes amid Middle East crisis: Ali Pervez Malik

Says he believes that within a reasonable time, there will not be much change in prices

By Web Desk

Indian govt moves to cushion consumers amid soaring oil prices - Khaleej Times

Indian govt moves to cushion consumers amid soaring oil prices  Khaleej 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

Saudi Aramco calls Hormuz disruption industry's 'biggest crisis'

Saudi Arabia's Saudi Aramco, the world's biggest oil exporter, warned on Tuesday that global oil markets could face 'catastrophic consequences' if the Iran war continues...

Days of cheap fuel numbered - The Star

Days of cheap fuel numbered  The Star

G7 considers boosting oil supply as US–Israel war with Iran drives prices higher

At the virtual meeting of the G7 nations, the possible release of oil from emergency stockpiles was among several options discussed The post G7 considers boosting oil supply as US–Israel war with Iran drives prices higher appeared first on Premium Times Nigeria.

By Abdulkareem Mojeed

Travelers To Face 3-Hour Delays In Airports: TSA

Travelers To Face 3-Hour Delays In Airports: TSA Authored by Naveen Athrappully via The Epoch Times, Travelers in the United States are facing significant delays at airports due to the ongoing federal government shutdown, the Transportation Security Administration (TSA) stated on March 8 in a post on social media. “Today, travelers are facing TSA lines of up to nearly 3 hours long at some major airports,” said Lauren Bis, deputy assistant secretary for public affairs at TSA, on ...

By Tyler Durden

Equities plunge as energy prices soar on Mideast crisis - Economy - Business - Ahram Online

Equities plunge as energy prices soar on Mideast crisis - Economy - Business  Ahram Online

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...

ABB invests ~$75 million in India to expand manufacturing and R&D for critical segments - Taiwan News

ABB invests ~$75 million in India to expand manufacturing and R&D for critical segments  Taiwan News

Airfares may rise as aviation fuel hits N1,600/ltr - The Guardian Nigeria News

Airfares may rise as aviation fuel hits N1,600/ltr  The Guardian Nigeria 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

Iraq seeking new oil export routes after Hormuz disruption- Ministry

Iraq is exploring alternative oil export routes, including pipelines through Kurdistan, after disruptions in the Strait of Hormuz severely impacted its pro Read More: https://punchng.com/iraq-seeking-new-oil-export-routes-after-hormuz-disruption-ministry/

By Punch Newspapers

US sheds jobs in February in warning sign for Trump's economy - Jordan Times

US sheds jobs in February in warning sign for Trump's economy  Jordan Times

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

No fuel shortage being experienced in Latvia, insists Minister / Article - LSM

No fuel shortage being experienced in Latvia, insists Minister / Article  LSM

Dangote says will prioritise domestic fuel market

Nigeria's Dangote mega-refinery pledged on Monday to prioritise the domestic market to help prevent fuel shortages and limit the impact on prices of the war in the Middle East. The post Dangote says will prioritise domestic fuel market appeared first on Vanguard News.

By Emmanuel Okogba

The first of Prokopiou’s five tankers exits the Strait of Hormuz fully loaded (upd)

The tanker Shenlong, carrying about 1 million barrels of Saudi crude, appears to have passed through the strategic passage while maritime traffic remains dramatically reduced by 91% due to tensions in the region The post The first of Prokopiou’s five tankers exits the Strait of Hormuz fully loaded (upd) appeared first on ProtoThema English.

By admin

Market posts worst trading on geopolitical turmoil - vietnamnews.vn

Market posts worst trading on geopolitical turmoil  vietnamnews.vn

G7 nations to hold emergency meeting on oil as stock markets sink - the-star.co.ke

G7 nations to hold emergency meeting on oil as stock markets sink  the-star.co.ke

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

Rising oil prices could trigger unexpected petrol demand in Ghana

Fuel prices may rise again soon, but what if higher prices don’t actually reduce petrol consumption in Ghana?

By Deborah Okailey Quarcoo

Forint’s Rapid Rebound: Geopolitical Easing and Falling Oil Prices Drive Gains

The forint (HUF) rose against the major currencies on Tuesday morning compared to Monday evening’s trading in international currency markets. The euro was quoted at 387.57 forints at 7 a.m., down from 394.09 forints on Monday evening. The dollar weakened from 340.08 forints to 333.48 forints, while the Swiss franc fell from 436.88 forints to […] The post Forint’s Rapid Rebound: Geopolitical Easing and Falling Oil Prices Drive Gains appeared first on Hungary Today.

By Hungary Today

Stocks slide worldwide as US–Israeli war on Iran drives oil prices higher

Global stock markets fell sharply on Monday while oil prices surged past $100 a barrel after the United States and Israel expanded military strikes on Iran, raising fears of disruption to global energy supplies. Financial markets reacted with losses across Asia and Europe as traders responded to the risk that the conflict could halt oil shipments through the Strait of Hormuz, a route that carries about one fifth of the world’s crude exports.

Global Tensions Trigger Sharp Sell-Off; CSE Ends Deep in the Red - Daily Mirror - Sri Lanka

Global Tensions Trigger Sharp Sell-Off; CSE Ends Deep in the Red  Daily Mirror - Sri Lanka

Oil prices spike near $120 a barrel as Iran war impedes production and shipping - Naharnet

Oil prices spike near $120 a barrel as Iran war impedes production and shipping  Naharnet

Asian equities plunge as oil soars 30% on Mideast crisis - Kuwait Times

Asian equities plunge as oil soars 30% on Mideast crisis  Kuwait Times

Oil hits highest level since Russia invaded Ukraine - The Copenhagen Post

Oil hits highest level since Russia invaded Ukraine  The Copenhagen Post

Qatar Airways to operate limited flights to Doha - Qatar Tribune

Qatar Airways to operate limited flights to Doha  Qatar Tribune

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.

MOL Introducing ‘Extraordinary Pricing’ at Filling Stations Amid Rising Oil Prices - BBJ - Budapest Business Journal

MOL Introducing ‘Extraordinary Pricing’ at Filling Stations Amid Rising Oil Prices  BBJ - Budapest Business Journal

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

Brent and WTI crude jump above $115 as energy markets react to geopolitical risks - AzerNews

Brent and WTI crude jump above $115 as energy markets react to geopolitical risks  AzerNews

The 10 richest Africans in 2026: the Forbes ranking - Seneweb

The 10 richest Africans in 2026: the Forbes ranking  Seneweb

South Africa central bank to redraft risk scenarios as Iran war boosts oil price - CLUB OF MOZAMBIQUE

South Africa central bank to redraft risk scenarios as Iran war boosts oil price  CLUB OF MOZAMBIQUE