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Crude oil climbed above $93 a barrel on Thursday after reports that the US is sending a third aircraft carrier strike group to the Middle East. Marine Corps ships and up to 10,000 additional troops are also reportedly being deployed, with the forces expected to arrive by the end of November. The deployment could signal
Three U.S. officials said eight U.S. Marines were injured two weeks ago when an Iranian cruise missile hit the ship they were operating on in the Strait of Hormuz.
Iran says Hormuz to stay shut until US meets all demands Pezeshkian hopes for deal before US elections in November (Adds Pezeshkian's comment, paragraph 6; details throughout) By Parisa Hafezi and Don Durfee UNITED NATIONS, Sept 25 (Reuters) — Iran will show no flexibility over its nuclear program even if the United St
Crude oil extended gains to over $96 a barrel on Thursday, as escalating tensions in the Middle East heightened concerns over regional energy supplies. Yemen’s Houthi group said it had attacked Saudi military sites in Jazan, while Saudi Arabia reported intercepting missiles launched toward the Red Sea port of Yanbu. Tr
For years, investors have argued about whether the small-cap premium still exists. The original case was easy enough to understand. Smaller companies should produce higher returns because investors are accepting more risk. These businesses usually have less access to capital, fewer revenue sources, thinner trading volu
Commodity vessels crossing the Strait of Hormuz fell to two on Monday from 10 a day earlier, preliminary shipping data showed on Tuesday. The figures exclude any vessels that might have crossed the strait with their Automatic Identification System transponders turned off to avoid detection. Meanwhile, a crude oil tanke
Brent crude futures for November gained 22 cents to $100.57 a barrel, while WTI October futures rose 2 cents to $95.80. Investors are awaiting potential US-Iran talks at the UN General Assembly.
Diesel prices have rallied in Europe and the United States to record highs amid war-related export cuts from major producers including Russia, Saudi Arabia, and the United Arab Emirates, with little options cited to prevent further rises.
Houthi fighters advanced in Yemen on Monday, aiming to cut off the Red Sea coast, amid a report that U.S. President Donald Trump had called off airstrikes against the group at the last minute. The Iran-backed group's advance threatens global energy supplies.
The S&P 500 and Dow Jones have traded sideways for the past few weeks, hovering just below their record highs. Both indexes have shown only muted reactions to recent catalysts, including corporate earnings and last week’s Federal Reserve rate decision. This article covers the key stock market news to watch this week. U
(Adds quotes, details and background throughout) Mecca Joint Defence Agreement treats attack on one signatory as attack on all three Fidan says Turkey conveyed proposals to all sides to end fighting Pakistan says no military response discussions have taken place under pact ANKARA, Sept 19 (Reuters) — Turkish Foreign Mi
Crude oil rose past $105.5 a barrel on Tuesday, its highest level in four months, after Saudi Arabia reportedly cancelled some shipments following drone attacks that forced the closure of its key export pipeline. Saudi Arabia reportedly informed European customers that some September deliveries were cancelled, while oi
UK natural gas prices dropped below 196 pence per therm on Thursday but remained close to the highest level in more than three years. The move reflects supply concerns as attacks in the Middle East disrupt LNG shipments through the Strait of Hormuz and Europe’s inventories stay below historical norms.
Japan's Nikkei share average slumped on Thursday as global markets felt pressure from oil breaching $100 per barrel amid widening Middle East conflict. Iran said it attacked 10 ships near the Strait of Hormuz after the U.S. sank five Iranian oil tankers.
European natural gas prices steadied at €79/MWh on Thursday, hovering close to the highest level in more than three years. The moves come amid rising concerns over gas supply after Iran attacked 10 ships near the Strait of Hormuz and warned of stepped-up strikes if Washington continued attacks on its territory.
Brent crude rose above $101.5 a barrel on Wednesday for the first time since May. The move was linked to escalating US-Iran tensions, including reports of attempted attacks on US Navy ships and US missile activity near Iran’s oil export facilities.
Crude oil rose to about $96.70 a barrel on Wednesday, the highest level since May. The move was driven by escalating US-Iran tensions, including reported attacks on Navy ships and energy facilities, plus a 0.3 million barrel fall in US crude inventories last week.
CENTCOM said no U.S. Navy warship was struck and that all IRGC attempted attacks failed, after the IRGC claimed strikes on U.S. vessels and oil tankers in the Strait of Hormuz.
Brent crude climbed as high as $100.95, its strongest level since July, after U.S. strikes on five Iranian tankers and fresh retaliation near the Strait of Hormuz.
Silver edged up to $66/oz as a weaker US dollar reflected renewed inflation risks tied to Middle East tensions. Investors await Thursday producer-price data and Friday CPI for signals ahead of the Sept. 16 Fed meeting.
Gold rose above $4,390/oz as the US dollar slid to a four-month low. Investors weighed renewed inflation risks tied to escalating Middle East tensions and awaited Thursday producer-price data and Friday CPI for Fed policy outlook.
Front-month Brent crude futures rose above $100 per barrel, according to ICE data.
Crude oil rose to $94.5 a barrel on Wednesday, the highest since June 3, amid escalating US-Iran tensions. US forces said they destroyed five Iranian tankers; Iran warned ships near Kuwaiti and Bahraini ports.
Iran's Revolutionary Guards attacked 10 ships attempting to cross a “prohibited and unsafe” area of the Strait of Hormuz.
Iran's Revolutionary Guards attacked two U.S. ships and eight oil tankers in the Gulf, state media said, in response to a U.S. strike on five Iranian tankers.
Crude rose above $92 a barrel to a three-month high after Iran said an agreement with Oman to manage Strait of Hormuz shipping was nearing completion. Markets also weighed potential US response after tanker strikes over the weekend.
Asia tech shares rallied Monday after a robust U.S. jobs report supported global growth, narrowing odds of a rate rise. Oil edged higher after U.S.-Iran attacks in the Gulf.
Asian tech shares rallied as a robust U.S. jobs report was seen supportive for global growth, even as it narrowed the odds for higher interest rates. Oil edged higher after U.S. and Iran attacked ships in the Gulf.
Asian shares rallied on Monday after a robust U.S. jobs report was seen as supportive for global growth. Oil edged higher following attacks on ships in the Gulf involving the U.S. and Iran.
Axios reported the U.S. military struck two Iranian government tankers on the Iranian coast north of the naval blockade line as tensions rose over missile exchanges and shipping through the Strait of Hormuz.