Tag: Oil prices
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Energy experts warn of slow oil supply recovery after Iran deal
High oil and gas prices and energy supply problems won’t be solved overnight, despite Sunday’s agreement to end the Iran war and reopen the Strait of Hormuz.
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Asian stocks extend rally on Gulf breakthrough hopes, oil hits two-month lows
US President Donald Trump said on Thursday (Jun 11) that a peace deal could be signed as soon as this weekend, hours after threatening more strikes on Iran.
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European markets open cautiously ahead of ECB rate decision
The European Central Bank is widely expected to raise interest rates for the first time since 2023 as policymakers respond to rising inflation fuelled by higher energy prices linked to the Iran war.
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Tech sell-off deepens as oil prices rise on renewed Iran tensions
Global stock markets fell on Wednesday, extending a volatile week driven by concerns about rising inflation, potential U.S. interest rate hikes, and escalating tensions in the Middle East.
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Asian stocks slide, oil gains as Middle East tensions escalate
The United States launched strikes against Iran after President Donald Trump said Tehran had shot down a US Apache helicopter in the Strait of Hormuz, leaving investors on edge.
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Oil prices climb more than $4 after Israeli strikes on Iran and Lebanon
PERTH/ BEIJING, June 8 : Oil prices jumped more than $4 on Monday, with investors spooked by fresh Israeli strikes on Iran as well as renewed attacks on Lebanon a day earlier. Brent crude futures rose $4.42 or 4.47 per cent to $97.15 a barrel as of 0609 GMT, while U.S. crude futures were up…
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Oil prices rise as Iran and Israel trade strikes in defiance of Trump
Oil prices rose on Monday morning as investors monitored the latest escalation in the Middle East.
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Oil prices climb more than $3 after Israeli strikes on Lebanon
PERTH/ BEIJING, June 8 : Brent oil prices jumped more than $3 a barrel on Monday, initially spooked by Israel’s launch of renewed strikes on Lebanon a day earlier, but also gaining further steam after sounds of explosions were heard in Iran.Sounds of blasts were heard – in Tehran, Tabriz and Isfahan, local me
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Oil prices edge higher after strikes on Israel test ceasefire
Iran said the attacks, its first since an April ceasefire, are the start of “a full week” of strikes
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