Goldman Sachs has lowered its oil price forecasts after the emerging US-Iran peace agreement increased expectations that energy exports through the Strait of Hormuz will return to normal more quickly
Oil prices fell to their lowest level in three months
Oil prices fell to their lowest level in three months on Monday after the United States and Iran finalised a memorandum of understanding aimed at restoring shipping through the Strait
Wall Street Extends Recovery as Technology Stocks Lead Early Gains
US stocks opened higher on Tuesday as investors continued to buy back into technology shares following last week’s sharp market sell-off.
US Stocks Rally as Iran Signals End to Strikes Against Israel
Wall Street opened sharply higher on Monday after Iran indicated it would halt its military strikes against Israel, easing geopolitical tensions and boosting investor sentiment.
US Stocks Set to Rebound as Chipmakers Recover from Last Week’s Sell-Off
US stock futures pointed higher on Monday as semiconductor stocks recovered ground following last week’s sharp technology sector sell-off.
Trump says US will lift naval blockade on Iran
Markets reacted positively after US President Donald Trump signalled that the US naval blockade of Iran would be lifted, raising hopes that a formal peace agreement could be imminent and
Wall Street mixed as investors weigh inflation and rates
Wall Street opened mixed on Wednesday as investors weighed inflation concerns, interest rate expectations and continued strength in semiconductor stocks, while London markets pushed higher once again.
Iran has reimposed restrictions on the Strait of Hormuz
Iran has reimposed restrictions on the Strait of Hormuz, citing the continued US naval blockade of its ports, according to state media.
Diesel tops $200 a barrel as Iran conflict drives surge
Europe’s benchmark diesel contract has climbed above $200 a barrel for the first time since Russia’s invasion of Ukraine, as the Iran conflict shows little sign of easing.
Global Oil Supply Crisis Deepens As Iran Conflict Accelerates Energy Market Shock
The world is confronting an unprecedented energy crisis as geopolitical tensions in the Middle East threaten to eliminate substantial portions of the global oil supply. The ongoing conflict has already
Wall Street opens higher as Trump signals fresh Iran talks
US equities opened higher on Monday after Donald Trump signalled “serious discussions” with Iranian leaders.
Oil surges above $116 as Middle East tensions escalate
Oil prices have climbed sharply, with Brent crude rising above $116 a barrel, its highest level in nearly two weeks, as the conflict in the Middle East intensifies.