News

Japan's yen sinks as spike in crude oil overpowers safe-haven appeal
The Japanese yen, normally one of the most sought after safe havens in times of geopolitical stress, has dropped 2.4% against ...
America’s economy faces a new war shock: Surging oil prices
By Monday morning, the price of a benchmark barrel of U.S. oil was up 0.4% at $74.16 after briefly dipping to a loss. Brent ...
Rising Oil Prices Could Spike Another 30% If Iran Blocks Strait Of Hormuz, Goldman Warns
Already up 15% over the last two weeks, prices for the Brent crude oil international benchmark could soar to its highest level in years if Iran blocks a key oil chokepoint.
Investors brace for oil price spike, rush to havens after US bombs Iran nuclear sites
A U.S. attack on Iranian nuclear sites could push oil prices even higher and trigger a knee-jerk rush to safety, investors ...
Why oil is tumbling and stocks are rising after Iran launched missiles at US bases
Oil sold off sharply and stocks rallied after Iran fired missiles toward US bases in Qatar and Iraq that appeared to be ...
Oil Could Spike to $90 If Strait of Hormuz Shut, Citigroup Says
Brent crude could jump to around $90 a barrel if the Strait of Hormuz is closed, according to Citigroup Inc., which added ...
Oil Gains and US Stock Futures, Asian Shares Slip After US Strikes Iran Nuclear Sites
Global markets appeared to take the U.S. strike against nuclear targets in Iran in stride as investors watched to see how ...