Stocks
Trump Signals Higher Fuel Costs Amid Iran Standoff
President Trump urged Americans to accept higher fuel prices as a necessary cost to prevent Iran from obtaining a nuclear weapon, linking...
#Oil Prices 113 articles
Markets
Gold Dips as Gulf Tensions Persist, Rate Hike Fears Linger
Gold prices fell Thursday, reversing recent gains as stalled U.S.-Iran talks fueled concerns of sustained high interest rates.
World Business
Trump Reverts to Sanctions as Iran War Strategies Fizzle
President Trump pivots to intensified economic sanctions against Iran, betting a financial squeeze can end the war after military and diplomatic efforts...
Markets
Oil Prices Climb: Hormuz Strait Deal Doubts Persist
Oil prices rose as doubts grew over a U.S.-Iran deal for free transit through the Strait of Hormuz. Brent crude hit $84.51,...
Economy
China’s Inflation Cools as Iran War Oil Shock Starts to Ease
China's factory-gate and consumer inflation decelerated in July, signaling a potential easing of cost pressures stemming from the oil shock initiated by...
Markets
Oil Prices Slide as Hormuz Traffic Recovers; Toll Dispute Looms
Despite increased maritime traffic in the Strait of Hormuz, the shipping industry faces lingering uncertainty over a potential toll. This issue could...
Stocks
Exxon, Chevron Warn: High Fuel Prices to Linger, Supplies Tight
Exxon Mobil and Chevron warn that high fuel prices, with U.S. gasoline above $4/gal, will persist due to tight global supplies of...
Markets
BOE Holds Rates Steady Amid Oil Price Volatility
The Bank of England is expected to maintain its benchmark interest rate at 3.75%, adopting a cautious stance as oil prices fluctuate...
Markets
Hang Seng’s Two-Session Advance Threatened by Weak Global Outlook
The Hong Kong stock market's two-session winning streak, which saw the Hang Seng Index rise almost 500 points, faces an imminent threat...