News

Investors brace for oil price spike, rush to havens after US bombs Iran nuclear sites
A key concern for markets would center around the potential impact of the developments in the Middle East on oil prices and ...
America’s economy faces a new war shock: Surging oil prices
The American economy faces the unwelcome prospect of reignited inflation after the United States launched strikes on three ...
Stock Market Today: Dow, S&P 500 and Nasdaq on track for modest losses after U.S. bombs Iran; oil trims initial spike
Investors weigh oil prices and await Iran's next move after the U.S. bombed Iran's nuclear sites over the weekend.
Japan's yen sinks as spike in crude oil overpowers safe-haven appeal
The Japanese yen, normally one of the most sought after safe havens in times of geopolitical stress, has dropped 2.4% against ...
The Financial Express1h
Iran-Israel war: Oil spike driven by fear, not fundamentals – Kotak says ONGC to benefit, OMCs shielded
Rising geopolitical tensions in West Asia have pushed crude oil prices up by 21–25%, but Kotak Institutional Equities says ...
Oil Could Spike to $90 If Strait of Hormuz Shut, Citigroup Says
Brent crude could jump to around $90 a barrel if the Strait of Hormuz is closed, according to Citigroup Inc., which added ...
South African rand weakens as spike in oil prices weighs
The South African rand weakened in early trade on Monday, pressured by the rise in crude oil prices and risk-off sentiment following the U.S. military action against Iran over the weekend.
US stocks near flat, eye Iran response to US strike. Hormuz Strait closure seen unlikely
US stock open little changed, awaiting Iran's response to US strikes. Oil prices off 5-month highs. Strait of Hormuz closure is seen unlikely for now.