Prices rise on renewed Middle East strikes
Prices rise on renewed Middle East strikes
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Wheat futures rise toward $7.40, set 3-year peak
Wheat futures climbed toward $7.40 per bushel in late August, reaching the highest level since June 2023. Escalating Russia-Ukraine tensions and lower US export inspections supported prices.
Gasoline futures rise near $3.30 amid Iran pressure, Russia war
US gasoline futures rose to around $3.30 per gallon after holding near $3.25 on Thursday as traders awaited details of a US campaign to isolate Iran’s economy and energy disruptions from Russia’s war.
Update: WTI Oil Edges Up to a Fresh Month High as Middle East Fighting Intensifies
() -- (Updates prices in the second paragraph and and EIA storage data in the final paragraph.) West Texas Intermediate (WTI) crude oil rose to a one-month high on Wednesday as fighting between the US and Iran intensified, keeping the Strait of Hormuz blocked. WTI crude oil for August delivery closed up $0.26, or 0.3%,
Oil Edges Up to a Fresh Month High as Middle East Fighting Intensifies
() -- Oil edged higher to the highest in a month early on Wednesday as fighting between the US and Iran intensified, keeping the Strait of Hormuz blocked again. West Texas Intermediate crude oil for August delivery was last seen up $0.37, or 0.5%, to $79.71 per barrel, the highest since June 15, while September Brent o
European Briefing 13/07/2026: US Says It Launched New Round Of Strikes Against Iran; Iran Expands Attacks On Gulf States After US Strikes
US, Iran Renew Airstrikes Amid Conflict Over The Strait Of Hormuz - Oil Prices Rise As US And Iran Fight For Control Of Strait Of Hormuz - Treasury Two-Year Yield Hits Highest Since 2025 On Oil Rally - Traders Grapple With World That s Good For Dollar, Bad For Bonds - Dollar Jumps As Renewed Middle East Attacks Fuel Sa
ASX Preview: Australian Shares to Rise as Oil Falls; Bravura Solutions Raises Fiscal 2026 Cash EBITDA Guidance
() -- Australian shares are poised for a modest rise on Friday, tracking gains in global markets as easing oil prices and renewed diplomatic hopes helped ease concerns over escalating Middle East tensions. Investors also weighed a rebound in gold prices from a one-week low and the outlook for the US Federal Reserve's i
Gold Moves Higher Early; Dollar, Yields Steady Even as Oil Rises on Renewed Middle East Fighting
() -- Gold traded higher early on Thursday but remains rangebound as inflation worries again heightened with oil prices rising on renewed fighting between Iran and the U.S. Gold for August delivery was last seen up $32.70, or 0.8% to $4,115.10 per ounce. The price of the metal has hovered above the $4,000 mark for the
Oil Surges Again as US-Iran War Escalates: Top Economist Justin Wolfers Explains the ‘Hidden Pattern’ Driving Gas Prices
Fresh military strikes in the Middle East have shattered a fragile ceasefire, sending crude oil prices surging and guaranteeing an immediate spike in fuel costs. This rapid increase, contrasted with sluggish price drops during periods of relief, is driven by a “hidden pattern” that economists have long tracked. The Roc
Ukraine Strikes Russia
Ukraine is raising the cost of war for Russia with drone strikes on Moscow oil refinery and Crimea, testing Putin's resolve
Ukraine Strikes Moscow Refinery
Ukraine strikes a Moscow oil refinery in a drone strike and steps up attacks on Russian-occupied Crimea, raising the cost of Russia's war against it