Markets
Strait of Hormuz Closure Costs 100 Million Barrels Weekly: Aramco CEO
Saudi Aramco CEO states a Strait of Hormuz closure results in a weekly loss of 100 million barrels of oil. Oil prices...
#Oil Prices 72 articles
Stocks
Crude Prices Jump as Hormuz Closure Persists After Trump Rejects Iran Deal
Crude oil and gasoline prices surged on Monday following President Trump's rejection of Iran's latest peace proposal, prolonging the closure of the...
Markets
Gold Plunges 1.2% as Mideast Tensions Reignite Inflation Fears
Gold prices experienced a sharp decline on Monday, with spot gold falling 1.2 percent, as a stalemate in U.S.-Iran peace talks sent...
Stocks
US Stocks Climb as Oil Prices Drop on Persian Gulf Deal Hopes
Major US stock indexes surged Wednesday, led by the S&P 500 reaching a new record, as falling oil prices fueled optimism for...
Markets
Gold Rises as ‘Project Freedom’ Continues, Oil Prices Ease
Gold prices climbed Tuesday as 'Project Freedom' entered its second day, bolstering expectations for secure oil transit through the Strait of Hormuz...
Stocks
Asian Equities Climb on Tech Strength, Dollar Retreats
Asian stocks advanced, driven by robust corporate earnings in the technology sector, while the US dollar edged lower against major currencies. Oil...
Stocks
Oil Drops on Trump’s Hormuz Plan, Iran Diplomacy Hopes
Oil prices fell after President Trump signaled a plan to secure the Strait of Hormuz and reported encouraging diplomatic contacts with Iran,...
Economy
Trump’s Economy: Strong Growth Meets Soaring Costs Ahead of Midterms
Despite robust Q1 2026 GDP growth driven by AI investment, American voters face a rising cost of living and higher borrowing costs...
Finance
UK Faces Wide Field of Economic Uncertainties
The Bank of England signals rate hikes are more likely than not as Middle East conflict fuels inflation, impacting households and businesses.