Tag: Brent crude
Oil prices surge 3%: Why Brent is nearing $100 as Middle East war risks grow
Oil prices climbed to multi-week highs on Tuesday as fears of a wider Middle East conflict grew. Brent crude rose to around $99 a barrel,…
Could oil hit $120? Goldman warns as US-Iran attacks threaten Hormuz shipping
Goldman Sachs sees oil rising as high as $120 a barrel if attacks on Middle East shipping get worse. The bank warned that a bigger…
Why OPEC+ kept oil output unchanged as Iran war pushes Brent toward $100
OPEC+ decided to keep its oil production policy unchanged for October at a meeting on Sunday. The decision comes as the group faces a highly…
Global stock markets fall as US-Iran strikes push oil to $95, bond yields surge, Fed rate hike bets rise
Global stock markets fell on Wednesday as fresh US airstrikes on Iran pushed oil prices to a five-week high. Investors grew worried that the conflict…
Peace in West Asia expected to boost order book of Indian exporters: Industry body FIEO
New Delhi: Restoration of peace in the West Asian region is expected to revive the order books of Indian exporters and reduce input costs, as…
Not all oil giants are prospering from the Iran war
The third gulf war should, in theory, be a huge blessing for big oil. In January most analysts had expected Brent crude, the global oil-price…
After US-Iran ceasefire, crypto’s next move hinges on oil, the dollar, and ETF flows| Business News
By Vikram Subburaj The pause in the US-Iran conflict on April 8 has triggered a coordinated repricing across global markets. The sequence is visible in…
From India to Italy, Trump’s Iran war is rippling through the world economy
The supply shockwaves from the US and Israel’s war in Iran are spreading across the global economy, raising concerns about an inflation hit to companies…