Oil Surges Amid Middle East Flare-ups, Gold's Rally Questioned
Oil prices continue to rise due to ongoing attacks in the Middle East, with the Philippines government now probing sudden gas station closures amid domestic price hikes. The conflict has also led to higher oil prices globally, impacting various economies, while analysts question why gold is not rallying in response to the oil surge.
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Oil prices send Wall Street toward best day since Iran war began
The U.S. stock market has a track record of bouncing back relatively quickly from military conflicts in the Middle East and elsewhere
By Stan Choe
Read full article →Oil prices should see immediate relief at Iran war's end: Analyst
Read full article →No gas, no problem: Ready-made meals and frozen foods take over Indian homes
Middle East tensions are disrupting LPG supplies, pushing Indian households towards ready-to-cook meals and frozen snacks. Retailers report a significant surge in demand for these alternatives, with some anticipating a lasting shift in consumer habits. Despite government efforts, shortages persist, driving interest in electric cooking solutions.
By TOI BUSINESS DESK
Read full article →Singapore stocks rise amid Middle East conflict - The Straits Times
Singapore stocks rise amid Middle East conflict The Straits Times
Read full article →There's a Red Sea alternative to Strait of Hormuz for oil, but here's the problem: Why Yanbu route may not work
Saudi Arabia giving customers option of receiving oil via Red Sea port of Yanbu on its western side, while Strait of Hormuz on its east remains blockaded
Read full article →Japan begins its largest-ever oil release from strategic reserves
Crude oil prices have soared as the Strait of Hormuz, through which most of Japan-bound oil passes, stays effectively closed amid the U.S.-Israeli war with Iran.
Read full article →Oil rises as attacks on Middle East export facilities continue
Read full article →FACT CHECK: Current forecasts for oil price surge do not reach P200 per liter
While fuel prices are expected to increase due to compounded disruptions in oil shipments affecting the global economy caused by the recent conflict in the Middle East, recent projections do not estimate that it’ll reach up to ₱200 per liter
By Rappler.com
Read full article →Oil surges amid flare-ups — but why isn’t gold rallying? - Khaleej Times
Oil surges amid flare-ups — but why isn’t gold rallying? Khaleej Times
Read full article →Oil prices open higher as war in Middle East rages - Jordan Times
Oil prices open higher as war in Middle East rages Jordan Times
Read full article →Oil rises further above $100, stocks mixed as Iran war rages
Oil prices surge past $100 a barrel as the Iran war intensifies, disrupting transit through the Strait of Hormuz and causing mixed reactions in stocks. Read More: https://punchng.com/oil-rises-further-above-100-stocks-mixed-as-iran-war-rages/
By Punch Newspapers
Read full article →Oil rises further above $100, most Asian stocks fall as Iran war rages
Oil prices jumped further above $100 Monday and Asian stocks mostly fell as the Iran war moved into a third week with both sides showing no sign of backing down and diplomats trying to ensure safe passage for tankers through the crucial Strait of Hormuz. The post Oil rises further above $100, most Asian stocks fall as Iran war rages appeared first on Vanguard News.
By Ayobami
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