Oil
Asia: Stocks rally as Iran-Israel ceasefire holds, oil claws back some losses
[HONG KONG] Most equities extended a global rally on Wednesday (Jun 25) after Iran and Israel agreed to a ceasefire that ended more than a week of hostilities, while...
Oil prices drop 6% as Israel-Iran ceasefire reduces Middle East supply risk
[NEW YORK] Oil prices fell 6 per cent on Tuesday (Jun 24) to settle at a two-week low, on expectations the ceasefire between Israel and Iran will reduce the...
Global Markets Jump, Oil Drops 3.4% as Trump Claims Israel-Iran Ceasefire
US President Donald Trump announced a ceasefire between Iran and Israel through a social media post, though Iran and Israel continued their strikes on each other's capitals.But the news...
Global Markets Open Cautiously as Oil Surges After US Strikes Iran’s Nuclear Sites
Stocks around the world began the week cautiously after rising tensions in the Middle East prompted concerns about oil supply and inflation. Brent crude oil climbed 1.8% to $78.42 a...
Looming Hormuz blockade threatens Asia’s energy lifeline, unsettling oil market
[SINGAPORE] Oil and liquified natural gas (LNG) buyers in Asia have been unsettled by the Iranian parliament greenlighting a plan to close the Strait of Hormuz. The sea passage...
Possible Hormuz blockade threatens Asia’s energy lifeline, unsettling oil market
[SINGAPORE] Oil and liquified natural gas (LNG) buyers in Asia have been unsettled by the Iranian parliament greenlighting a plan to close the Strait of Hormuz. The sea passage...
Asia: Market trade lower; oil prices spike after US strikes on Iran
[TOKYO] Oil prices surged and Asian markets traded lower on Monday on concerns of disruption to energy markets after US air strikes on Iran’s nuclear facilities.The dollar strengthened as...