Bitcoin tests key resistance near $78,000 amid geopolitical developments. Reports indicate President Trump is weighing declaring the Iran conflict over to stabilize markets. A de-escalation could low…
US Treasury Secretary Scott Bessent declared an 'economic D-Day' against Iran, launching major financial sanctions. Despite escalating geopolitical tensions and Iranian threats regarding the Strait o…
Stocks mixed as crude oil gave back gains on Iran-Strait of Hormuz de-escalation signals, pulling bond yields lower. Strong Q2 earnings (32% growth) support markets. Chipmakers rally on AI optimism; …
ONGC posted record standalone profit (up 112% YoY) driven by higher gas revenue and crude realizations near $99.45/bbl, though consolidated PAT fell due to HPCL losses. Hormuz crisis volatility tempo…
S-Oil (Korean refiner) Q2 2026 results show revenue up 26.8% but operating income down 21.6% Q-on-Q. Refining margins strong on Middle East conflict and Russian refinery disruptions; petrochemical se…
Trump pressured ExxonMobil and Chevron to cut gas prices after record Q2 profits from the Iran-related oil shock. Shares dipped as crude fell ~5% on hopes of U.S.-Iran de-escalation talks.
IEA reports EV sales surged 35% in Q2 2026 as Middle East oil crisis spiked fuel prices, pushing 2026 EV market share to 29%, benefiting EV makers and sustaining elevated crude prices.
US Q2 GDP preliminary estimate (13:30 GMT Thursday) expected at 2.1%, though Atlanta Fed's GDPNow sees 1.6%. PCE inflation data and Middle East tensions add volatility risk. USD 'exceptionalism' narr…
Ukraine struck Lukoil's Volgograd refinery, causing fires, days after a strike on its Perm plant. Attacks disrupt Russian fuel processing, potentially tightening refined-product supply and prolonging…
Chevron and oil stocks fell as easing U.S.-Iran tensions pushed oil prices lower. Reciprocal military pullback and Trump's push for talks reduced war-risk premium, hurting E&P-heavy energy companies.
Middle East tensions caused a 20% jet fuel price spike, squeezing airline profits. United and American Airlines cut earnings guidance due to soaring fuel costs, highlighting oil market volatility.
US-Iran conflict has driven jet fuel costs higher, sharply cutting profits at EasyJet and Ryanair. Elevated oil prices from geopolitical tension are pressuring airline margins while potentially benef…
Oil prices dipped below $100/barrel Friday after hitting May highs, but ongoing U.S.-Iran tensions keep energy markets elevated and volatile going forward.
U.S. stock futures rose Monday as oil retreated after Iran signaled openness to negotiations following nine days of U.S. strikes. Brent pulled back from $90 to $88.25; VIX fell, easing market fear ah…
President Trump announced plans to strike Iranian oil infrastructure and seize control of their energy markets. The threat of aggressive military intervention and potential disruption to Iranian oil …
Wall Street indices experienced a volatile session, initially rallying on bargain hunting before fading as crude oil prices remained high amid Middle East tensions. While the Nasdaq and S&P 500 manag…
Brent crude climbed above $95 per barrel following heightened tensions in the Strait of Hormuz. Although prices retreated slightly after reports of a potential Israel-Hezbollah ceasefire and US diplo…
President Trump signaled optimism regarding a potential deal with Iran, suggesting geopolitical tensions may ease. This shift in rhetoric points toward a reduction in regional conflict risks, which t…
Markets are balancing geopolitical peace hopes between the U.S. and Iran against rising energy costs. While higher spending on gasoline suggests demand, the future trajectory for oil majors like Exxo…