Crude closes above $100 for first time in 4 years
Oil settles about $100 per barrel for the first time since 2022 after Iran’s new Supreme Leader Mojtaba Khamenei pledges to keep the Strait of Hormuz closed. U.S. Energy Secretary Chris Wright and Tre...
13 Mars 26min
Oil markets on high alert despite record IEA stockpile release
Oil prices have pulled back from $100 a barrel following several attacks on merchant vessels in the Gulf. Two tankers have been reportedly attacked overnight in Iraqi waters. The IEA announces its lar...
12 Mars 24min
Oil whipsaws on tanker escort confusion
Oil prices swing after the White House says the U.S. Navy did not escort a tanker through the Strait of Hormuz. The denial corrected a now-deleted social media post by Energy Secretary Chris Wright. T...
11 Mars 26min
Trump hints at oil sanctions relief to aid global markets
U.S. President Donald Trump hails the war effort in Iran as ‘very complete’ and has suggested some oil sanctions could be eased to shore up confidence in the market. However, Trump warned Iran could b...
10 Mars 25min
Oil volatility pushes prices past $100bbl mark
Oil prices surge to almost $120bbl overnight before falling back to $108bbl. President Trump says he does not believe the market shock will be prolonged. The G7 reportedly considers a joint release of...
9 Mars 28min
Washington and Tehran at odds over negotiation claims
After six days of conflict in the Middle East, President Trump says the Iranian regime is desperate to end the fighting but the country’s foreign minister, Abbas Araghchi, refutes the claims. Washingt...
6 Mars 27min
Asian stocks rapidly rebound following Wednesday's slump
Global equities stage an impressive comeback as traders absorb fears about the conflict in Middle East. Tech and chip stocks lead the way in Asia with South Korea’s Kospi rebounding to potentially pos...
5 Mars 27min
ROK's Kospi suffers worst market session ever
Equity markets in Asia nose-dive with South Korea’s Kospi posts its worst session in history. Conflict in the Middle East intensifies fears of inflation causing investors to dump tech and semiconducto...
4 Mars 27min
