Oil Prices
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worldEU Rejects Naval Expansion Into Hormuz Amid Rising Oil Fears
EU Foreign Policy Chief Kaja Kallas confirms member states refuse to extend Aspides mission to the Strait of Hormuz. Tensions rise as oil prices exceed $100 per barrel amidst global supply concerns.
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financeTom Lee Warns of Upcoming S&P 500 Bear Market Amid Oil Price Spike
Renowned market strategist Tom Lee forecasts a S&P 500 bear market later this year despite current oil price spikes driving economic growth.
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worldIran War Paralyzes Strait of Hormuz, Oil Tops $100
U.S.-Israeli strikes escalate against Iran, paralyzing the Strait of Hormuz and spiking oil prices above $100. UAE faces drone attacks, while Trump pushes allies to reopen key shipping lanes.
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worldU.S. Prepares Naval Escorts for Strait of Hormuz
The Trump administration weighs military escorts for oil tankers through the Strait of Hormuz amid escalating tensions with Iran and a global oil supply crisis.
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financeWhite House Oil Tools Empty as Conflict Escalates
US President faces dwindling options to control soaring oil prices and mitigate economic damage from escalating global conflict.
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financeMideast Turmoil Triggers Company Surcharges, Raising Consumer Prices
Rising oil prices due to Middle East conflict are forcing companies across sectors to implement fuel surcharges, impacting consumer costs. Experts predict these fees will persist as long as geopolitical tensions remain high.
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financeIndonesia Faces Budget Breach Amid Sustained High Oil Prices
Indonesia's economic minister warns of potential budget deficit exceeding the legal limit due to prolonged high oil prices, exploring tax hikes and austerity.
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financeGlobal Markets Brace for Impact: Oil Surge, Dollar Strength Amid Iran Conflict
Stocks mixed, dollar climbs as elevated oil prices and geopolitical tensions reshape inflation and interest rate outlooks.