Oil prices jump on Iran-Houthi attacks in Gulf
Brent crude settled at $104.27 a barrel, up 4.1%, and WTI rose 4.1% to $91.87 after attacks on a tanker near Qatar and strikes in Riyadh.
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Oil futures jump on Gulf shipping and Iran strike fears
Oil futures rose sharply as concerns intensified over renewed strikes on Iran, attacks on shipping in the Gulf and production shut-ins ahead of Tropical Storm Isaias. WTI was up 4.7% at $92.46 a barrel and Brent gained 4.5% to $104.76.
Global stocks gain on AI optimism, oil eases, bonds rally
Global stocks advanced as strong AI demand boosted tech shares and falling oil prices aided bonds. European debt led gains as yields dropped.
Global stocks rise on AI optimism; oil retreat helps bonds
Global stocks climbed as AI demand boosted tech shares and oil prices eased. European bonds led a rally in debt markets, with German 10-year yields falling 5 basis points to 3.472%.
Tech lifts Asia shares, oil dips on supply talk, dollar eases
Asian share markets edged higher as chipmakers benefited from AI demand, while oil prices eased on speculation of increased supply. The dollar dipped against the yen amid intervention concerns.
Trump To Address UN As Europe’s Energy Prices Jump On Saudi Oil Export Disruptions
U.S. President Donald Trump’s United Nations General Assembly (UNGA) speech next week will land amid a Middle East war that is driving global energy prices higher in Europe and at home. The uncertainty is also testing an increasingly fractured UN that lacks the capacity to mediate the very crisis destabilizing markets.
UK natural gas prices jump 4% above 206 pence/therm
UK natural gas prices rose 4% to above 206 pence per therm, the highest level since December 2022.
European Gas Jumps as Middle East Tensions Persist
European natural gas prices jumped more than 3% to above €82/MWh on Monday, the highest level since December 2022, as tensions in the Middle East persist. Saudi Arabia has closed a critical oil pipeline after drone attacks, while an advance by Yemen’s Houthis fueled concerns over further disruptions to global energy su
Oil tops $103 as Middle East risks mount
Crude oil rose past $103 a barrel on Thursday, its highest level since May 19th. The move was driven by escalating Middle East tensions, including strikes on energy facilities in Saudi Arabia and reported attacks in the Persian Gulf.