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(Bloomberg) -- Oil pushed higher as traders braced for the Iran war to stretch into April and attacks continued across the Middle East, with transit through the critical Strait of Hormuz still largely halted.Global benchmark Brent rose near $111 a barrel
High oil prices are boosting the Kremlin’s coffers, helping plug a budget hole and sustain the war effort in Ukraine. But beyond oil, a global scramble for natural gas and fertilizer supplies, also choked off by the Iran conflict, could further boost Russ
Allowing an exception to current rules would level the competitive playing field, the bank said. Three Fed governors dissented, noting the move could pose a risk to the Deposit Insurance Fund.
“It took decades to get us into this hole, and it will take a concerted effort to get out of it.”
Macquarie analysts put 40% odds on oil hitting $200/barrel if the Middle East war and Strait of Hormuz blockade persist into Q2 2026.
Irrespective of energy prices, this stock offers a high yield and the potential for steady price appreciation.
(Bloomberg) -- The economic toll of the Iran war is hitting home in Europe, where more muted growth and faster inflation risk deepening industrial, fiscal and political pressures across the region.Donald Trump’s military campaign, whose conclusion remains
Spain's consumer prices have risen at their fastest rate since 2024, reaching 3.3% year-on-year in March, driven by surging energy costs linked to the ongoing Iran conflict, according to the Spanish national statistics agency.View on euronews
(Bloomberg) -- Oil may hit a record $200 a barrel if the Iran war drags on till June, with the Strait of Hormuz staying shut, Macquarie Group Ltd. said.A conflict that stretches through the second quarter would result in historically high real prices, ana
Dow chair and CEO Jim Fitterling estimates unwinding the shortages could take up to 275 days.
Oil prices fell this week on hopes the Middle East war may end soon, but supply risks remain severe.
U.S. stocks are falling Friday as Wall Street stumbles toward the finish of a fifth straight losing week, which would be its longest such streak in nearly four years. The S&P 500 sank 0.7% and deepened its losses a day after its worst drop since the war
(Bloomberg) -- Almost a month into a deepening conflict in the Middle East, oil traders reeling from weeks of massive market swings are beginning to pull back, creating a drain on liquidity that threatens to exacerbate future moves.Four of the six largest
General Mills’ high 6.53% dividend yield may look enticing, but it comes amid falling earnings, rising oil-driven cost pressures, and growing macro risks that could limit upside.
Federal Reserve Vice Chair Philip Jefferson said Thursday evening that he expects the war in Iran will push up inflation in the near term and that interest rates are \\