Brent Oil Price Tops $93 as U.S.-Iran Impasse Persists
Brent Crude futures prices topped $93 per barrel early in the morning in Europe on Thursday, hitting a three-week high amid fading hopes of U.S.-Iran talks as P
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Brent Crude futures prices topped $93 per barrel early in the morning in Europe on Thursday, hitting a three-week high amid fading hopes of U.S.-Iran talks as P
UAE, long a crucial trading hub for Tehran, has also suspended commercial ties
President Trump’s promises to restore fiscal order and reduce the amount of America’s debt burden have been undercut by spending on the Iran war, tax cuts and t
The Iran war has slashed transit traffic at Middle Eastern airports, creating opportunities for hubs in Asia and beyond — at least for now.
Bond markets remained volatile, as investors assessed the geopolitical turmoil.
It comes after a 60-day ceasefire expired on Monday, with no sign of a diplomatic or military off-ramp to the conflict.
President Donald Trump said in a post on Truth Social that any country supporting Iran’s economy would face “tremendous economic consequences.”
Iran's economy is deteriorating under the weight of mounting sanctions, but far from unraveling, a former adviser to Iran's central bank told CNBC.
Oil moved higher early Thursday after U.S. President Donald Trump sharpened his rhetoric against Iran.
The announcement extends a pressure campaign the Trump administration has waged since April under the banner Operation Economic Fury.
US equity futures were edging lower pre-bell Thursday as traders monitored the situation in the Midd
US equity futures were trending higher on Thursday following the Treasury Department's move to inter
(Updates with economic data, recent oil price movement, world markets' overview and corporate stock
The Iran war has created an extraordinary earnings season for U.S. refiners. Brent crude has fallen to around $90 per barrel from a wartime peak of $126, but th
India’s government is looking to incentivize city gas distributors to increase piped gas connections to raise domestic cooking gas supply to households as the c
UK household energy bills are set to further rise from October by 4% to their highest level since the summer of 2023, as the Iran war has tightened global gas s
Proposals to retaliate against US assets beyond the Middle East come as many in Tehran see renewed conflict as inevitable
Africans have turned to one of their own for fuel as the world’s supplies run low. But they are not the only ones with the continent’s richest man on speed dial
A 2.9% rise in inflation had been widely expected by economists, with Chancellor John Healey saying the Iran war “continues to impact prices here at home”.
Washington and Tehran are considering next steps after negotiations fell apart, while the UAE has suspended trade with Iran.