President Donald Trump announced Monday that the United States would delay planned strikes on Iranian power plants and energy infrastructure by five days, citing constructive diplomatic discussions that took place …
Markets
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Investors across Asia retreated on Thursday as the dual threat of high energy costs and stubborn inflation rattled confidence. The downturn followed a weak performance on Wall Street, where major …
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The UK’s mortgage landscape has been transformed in a fortnight as lenders react to the “Trumpflation” phenomenon triggered by the Iran conflict. Nearly 700 fixed-rate products have been withdrawn from …
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A cooling trend in the energy market sparked a broad-based rally on Wall Street this Monday, lifting major indexes to multi-week highs. The S&P 500 jumped 67.19 points, finishing at …
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The escalation of war in the Middle East has propelled the shares of the world’s largest oil companies to historic peaks. Shell, the largest energy firm in Europe, saw its …
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Asian equity markets ended the week on a weak note as geopolitical tensions kept investors cautious. The ongoing conflict involving Iran and its regional rivals has driven oil prices close …
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Markets
Iran’s Tactical Strikes Send Oil Prices Soaring Despite Global Reserve Release
by admin477351The International Energy Agency’s attempt to cool the energy market has met a wall of geopolitical reality as oil prices climbed 9% to surpass $100 a barrel on Thursday. Tehran’s …
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Oil prices experienced a dramatic “V-shaped” swing on Monday, crashing back to $85 per barrel after an early morning surge triggered global economic alarm. The price correction followed comments from …
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Precious metals markets entered freefall as investors rapidly abandoned safe-haven positions following President Trump’s nomination of Kevin Warsh for Federal Reserve chair. Gold surrendered 8% of its value on Monday, …
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The U.S. economy continues to defy expectations of a slowdown. Latest reports show that fewer workers applied for unemployment benefits last week than economists had projected, signaling a remarkably durable …