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Oil: 4% Jump after five losing sessions – Pezeshkian’s message that turned the tide
With markets keeping a close eye on developments between the U.S. and Iran, oil markets reacted higher, with Brent closing at $103.08 after Pezeshkian’s remarks at the UN
Energy domino effect ‘inflates’ winter bills for households and businesses, with new defensive measures looming
From heating oil and transport fuels to natural gas and electricity, the crisis in the Middle East is bringing a new wave of price rises to consumers
Oil: Weekly surge of over 8% and above $100 – The Middle East keeps markets on alert
Crude oil prices fell after the rally of recent days, but still posted strong weekly gains as the crisis in the Middle East heightened fears over supply disruptions
Oil surges past $100 as Saudi production falls to 36-year low
The escalation of the war between the US and Iran is reigniting concerns over global supplies. Saudi Arabia informed OPEC that its daily production had fallen by 1.9 million barrels to 6.238 million barrels per day, the lowest level since 1990
Oil: Brent hits $96 again — Vance says shipments through Hormuz have been restored
The escalation of U.S.-Iran hostilities is reigniting fears of prolonged disruptions to energy flows, with Brent up more than 7% over the week