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Oil prices rose Monday after the United States and Iran threatened fresh attacks on energy facilities in the Middle East, including power plants, signaling that the conflict may yet escalate.
Goldman Sachs has raised its oil price forecasts as the Strait of Hormuz crisis threatens a historic supply disruption.
European shares dipped Monday as oil prices continued to climb after comments from US President Donald Trump dashed hopes for a quick end to the war in Iran.View on euronews
The IEA is prepared to release more emergency crude supplies if market conditions deteriorate further.
War in the Middle East has 'severely' damaged more than 40 energy assets across nine countries, said the head of the International Energy Agency, as he warned of deepening risks to the global economy.View on euronews
Brent rose above $113 a barrel, up for a fifth day, while West Texas Intermediate was near $100. Trump said Iran must “fully open” the waterway within 48 hours, or have its power plants bombed. Tehran warned it would attack key infrastructure across the
As strategies go, waiting and hoping can be commendable.
The likes of Blackstone Inc., Bain Capital and Brookfield Asset Management Ltd. have all been talking of an increased focus on heavy assets with low obsolescence. “People are looking for terra firma,” Blackstone President Jonathan Gray said in an intervi
Brent is expected to average $85 a barrel in 2026, up from an earlier forecast of $77, analysts including Daan Struyven said in a note. The full-year outlook for West Texas Intermediate was hiked to $79 from $72, they said. The revisions rested in part
Brent is expected to average $85 a barrel in 2026, up from an earlier forecast of $77, analysts including Daan Struyven said in a note. The full-year outlook for West Texas Intermediate was hiked to $79 from $72, they said. The revisions rested in part
Sinopec reported weaker 2025 earnings as lower crude prices and weak chemicals margins offset record oil and gas output and steady progress in new energy and refining upgrades.
Gold was set to extend losses from last week amid headwinds, putting the precious metal on track to wipe out year-to-date gains .
Wall Street shot higher and global oil futures tumbled Monday after President Donald Trump extended his deadline for Iran to reopen the crucial Strait of Hormuz and said the U.S. would hold off on strikes against Iranian power plants and other energy infr
Since the conflict began, surging oil prices have raised inflationary risks and reduced prospects for near-term interest-rate cuts by the US Federal Reserve and other central banks. This is a headwind for non-yielding gold, which has fallen for eight con
Earlier deleveraging and continued institutional participation have helped keep Bitcoin more stable than other risk assets during the recent macro-driven selloff.