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West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $72.15 during the Asian trading hours on Monday.
U.S. oil prices jumped 2% to $74.50 per barrel, and Brent crude also shot up 2% to $75.77. That’s after oil soared 7% on Friday as markets reacted to the early stages of the Israel-Iran conflict.
By Saqib Iqbal Ahmed, Suzanne McGee and Linda Pasquini NEW YORK/GDANSK (Reuters) -Investors were on edge as financial markets ...
Financial markets reopened Monday with investors squarely focused on escalating geopolitical tensions as Israel and Iran ...
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Central banks around the world are expected to keep the interest rates frozen in the coming week while evaluating the impact ...
An exchange of strikes on refineries and gas facilities was limited but raised the risks to an industry with broad economic ...
In many ways, it’s conceivable that Israel's Operation Rising Lion will alter the military balance of power in the Middle ...
Investors were on edge ahead of markets reopening late on Sunday, gripped by anxiety over nationwide protests against ...
Trump has often been a disruptor at global gatherings, badgering U.S. allies and competitors alike. But the dynamic could be different in 2025.
A prolonged disruption could destabilise economies, particularly in the GCC and energy-importing nations, by driving up costs ...
It is arguably the most important choke point in the global energy supply chain and is under threat from the Middle East ...