Tag: oil
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Shares, bonds bounce as oil skid offers inflation relief
SYDNEY, July 27 : Share markets rallied in Asia on Monday as a pause in fighting in the Gulf dragged oil prices sharply lower, easing inflation risks and boosting bonds ahead of a packed week of central bank meetings and corporate earnings.Iran said on Sunday it would halt its own attacks as long as the…
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Oil retreats from above $100, but set for weekly rise on Middle East escalation
LONDON, July 24 : Oil futures prices fell over 3 per cent on Friday but are still set for hefty weekly gains because of concerns about disrupted energy flows in the Red Sea and fears of further escalation in the U.S.-Israeli war with Iran. Brent futures fell nearly $4, or 3.96 per cent, to $96.70…
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Iran war’s economic impact
The Iran war and the disruption to shipping through the Strait of Hormuz is making everything from energy and transport to fertilizer and food more expensive.
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Oil prices head for weekly rise on Middle East escalation
LONDON, July 24 : Oil futures prices retreated on Friday but are still set for hefty weekly gains because of concerns about disrupted energy flows in the Red Sea and fears of further escalation in the U.S.-Israeli war with Iran. Brent futures fell $1.82, or 1.81 per cent, to $98.87 a barrel at 0747 GMT,…
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Asian stocks sink, bonds struggle as oil spike stokes rate risks
SYDNEY, July 24 : Asian shares sank on Friday as a near 40 per cent rise in oil prices this month due to the intensifying conflict in the Gulf revived inflation fears, rattling bond markets and stoking rate hike expectations globally. European bourses, however, are headed for a steady open after losses a day
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Stocks suffer fresh blow as markets hit by perfect storm
Markets now face the resurgent Middle East war, a spike in oil prices back past US$100 and worries about the artificial intelligence investment boom.
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Asian stocks skid as oil spike revives inflation fears, bonds take a hit
SYDNEY, July 24 : Asian shares fell on Friday as oil prices stormed back above $100 a barrel amid an intensifying conflict in the Gulf, rattling bond markets and reviving fears of a fresh inflation shock.Brent crude held at $100.85 a barrel, after surging 7 per cent overnight to a two-month high of $102 as…
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Oil set for weekly rise amid Red Sea shipping attacks, Kazakhstan output cuts
BEIJING, July 24 : Oil headed for weekly gains on Friday, as Houthi attacks on tankers in the Red Sea sparked worries about the closure of a second shipping chokepoint, while Kazakhstan temporarily cut output after its main export route was forced to shut.Brent futures eased 72 cents, or 0.72 per cent, to $99
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US strikes on southern Iran infrastructure widen war
The latest US strikes on tunnels, bridges and other infrastructure further inland from the Strait of Hormuz could indicate that Washington is shifting gears in Iran.
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Oil prices jump as Hormuz, Red Sea crises deepen
Renewed strikes on shipping in the Gulf and the Red Sea have dealt a fresh double blow to global oil markets. As prices climb once again, DW examines what else could keep them elevated.
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