Keywords: Oil price surge


Global bond rout deepens as war driven inflation reshapes rate outlook

A sharp global selloff in government bonds intensified Monday as persistent conflict between the United States and Iran pushed oil prices higher and forced investors to reassess expectations for interest rates across major economies. Surging energy costs and accelerating inflation have fueled concerns......

Oil surge rattles markets as inflation fears intensify

Global equity markets fell on Friday as a sharp rise in oil prices and higher bond yields reignited concerns that central banks may be forced to tighten monetary policy again. Investors reversed recent optimism over potential interest rate cuts, shifting toward expectations of prolonged monetary pressure......

Iran war drives global inflation surge as central banks reverse course

Two months into the conflict in the Middle East, the economic fallout from the war in Iran has spread well beyond energy markets, rippling through petrochemicals, manufactured goods, food, and consumer products as companies pass rising costs onto buyers and central banks around the world prepare to tighten......

Oil crisis accelerates global shift toward renewable energy transition

A surge in oil prices triggered by the conflict involving Iran is driving an unprecedented acceleration in the global transition to renewable energy, according to the United Nations’ top climate official. The sharp rise in fossil fuel costs is reshaping energy strategies worldwide, as governments......

Oil prices extend rally as Trump threatens Iran OPEC tension

Oil prices extended their upward momentum on Wednesday as geopolitical tensions intensified around Iran and global supply risks deepened. Traders reacted to renewed threats from United States President Donald Trump and escalating uncertainty in the Middle East, pushing crude benchmarks to multi month......

IEA chief warns Iran war has triggered worst energy crisis in history

Fatih Birol said the conflict involving Iran and a coalition led by the United States and Israel has created the most severe global energy crisis on record, surpassing both the oil shocks of the 1970s and disruptions linked to the war in Ukraine. Speaking publicly on Tuesday, he said the combined impact......

Oil giants set to gain $234 billion windfall from war driven prices

The world’s largest oil and gas companies, along with major producing states, are on track to generate an additional $234 billion in profits by the end of 2026 if crude prices remain around $100 per barrel. The projection, based on data from Rystad Energy, reflects how the conflict linked to Iran......

US naval blockade of Iranian ports takes effect after failed talks

The United States Central Command began enforcing a naval blockade on all maritime traffic to and from Iranian ports on Monday at 10 a.m. Eastern Time, following the collapse of negotiations between US and Iranian officials in Islamabad. The move came hours after nearly 21 hours of talks between US......

Gold falls as Trump Hormuz blockade lifts oil and dollar

Gold prices dropped in early Asian trading after Donald Trump ordered a naval blockade of the Strait of Hormuz, triggering a surge in oil prices and strengthening the US dollar. The decline followed Trump’s announcement that the US Navy would immediately block vessels entering or leaving the strategic......