News

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 ...
The Financial Express13m
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 ...
What the U.S. strikes on Iran could mean for world oil prices
If Iran moves to blockade the Strait of Hormuz, prices could spike, but analysts see that scenario as unlikely for now.
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 ...
Oil prices spike as Trump’s strike on Iran fuels fears of retaliation and global inflation
Global oil markets jolted sharply upward on Monday after the United States bombed three of Iran’s key nuclear facilities over ...
Free Malaysia Today on MSN23h
Investors brace themselves for oil price spike, rush to havens after US bombs Iran nuclear sites
There are concerns US military action against Iran would send inflation higher, dampening consumer confidence. Read more at ...
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.
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 ...