Tag: oil prices

Dow Slides 400 Points as US-Iran Strikes Push Oil to Six-Week High

The Dow slid roughly 400 points as renewed U.S.-Iran attacks pushed Brent crude to a six-week high, with energy shares leading a mixed Wall Street session.

Oil Rises as Qatar Warns of Industrial Catastrophe Over Hormuz Crisis

Oil prices climbed Tuesday as Qatar warned of an industrial catastrophe over the Hormuz crisis, with ship traffic at its lowest since May.

Dow Futures Drop 300 Points as Oil Climbs and Fed Bets Rise

Dow futures dropped roughly 300 points Tuesday as climbing oil prices, Fed rate-hike bets and US-Canada trade tensions pressured Wall Street.

Oil Surges Toward $100 After Fresh US-Iran Strikes Rattle Markets

Crude prices jumped Sunday after renewed US-Israeli strikes on Iran, lifting energy firms and banks while airlines and automakers absorbed higher fuel cost

Ryanair Warns European Air Fares Will Rise as Jet Fuel Hits $140

Ryanair cut its annual passenger target to 214 million on Wednesday and warned European air fares will rise if jet fuel stays near $140 a barrel.

Diesel Hits Record High as Refinery Outages Push Brent Toward $95

Diesel prices hit a record high as war-driven refinery outages in Russia and Iran push Brent crude toward $95 a barrel, reviving inflation worries.

Global Bond Yields Hit Multi-Decade Highs as Iran Conflict Revives Inflation Fears

Bond yields surged across major markets on September 1 as US-Iran hostilities revived energy and inflation fears, driving Japan and UK rates to decades-hig

US Strikes Iran Again, Sending Dow Down 400 Points and Oil Surging

US airstrikes hit Iranian targets Tuesday, sending the Dow down about 400 points and pushing oil higher as supply through the strait of Hormuz stays disrup

UAE Intercepts Iranian Drone, Denies Strike on Al Menhad Airbase

The UAE said it intercepted a drone from Iran and rejected reports of a strike on its Al Menhad airbase, as U.S.-Iran attacks lifted oil prices.

Oil Rises After U.S. Strikes Iranian Oil Targets at Kharg and Larak

Oil prices climbed after the U.S. carried out its first strikes in weeks on Iranian targets near the Kharg and Larak terminals close to the Strait of Hormu