Asian stock markets fell broadly, pressured by Brent crude hovering near $104 a barrel and rising sovereign bond yields. Japan's Nikkei 225 dropped 1.9% as 10-year government bond yields tested 30-ye…
U.S. diesel surged to a record $5.97 per gallon amid Middle East tensions, refinery outages, and rising seasonal demand. With WTI topping $91 and analysts projecting $120 crude, soaring fuel costs th…
The European Central Bank raised its deposit rate to 2.5% to combat war-driven inflation, with Brent crude exceeding $100 per barrel. The move intensifies pressure on the Bank of England to raise rat…
Surging diesel and gasoline prices, alongside broad commodity gains, threaten to reignite inflation pressures ahead of upcoming CPI data. Analysts warn elevated energy costs and persistent high inter…
U.S. households face over $100 billion in extra fuel costs as gas prices hit record Labor Day highs. With crude approaching $100 a barrel, Goldman Sachs lifted Brent forecasts and warned prices could…
Gold futures slipped 0.6% as escalating Middle East tensions pushed Brent crude back toward $100 per barrel. Elevated energy prices threaten to fuel inflation pressures just ahead of the Federal Rese…
U.S. politicians criticized President Donald Trump over record-high fuel prices and looming gas rationing amid Middle East tensions and crude oil exceeding $99 per barrel. Surging energy costs and in…
Sterling hovered near $1.35 as soaring energy prices fueled Bank of England rate hike expectations. However, upside remains constrained by a resilient U.S. dollar, supported by strong employment data…
Escalating war with Iran and shipping disruptions in the Strait of Hormuz have pushed U.S. gas prices above $4 per gallon. With roughly one-fifth of global oil transit constrained, elevated crude and…
Brent crude surged past $95 per barrel as US-Iran hostilities intensified, sparking supply fears and sending US equity futures lower. Hawkish signals from Bank of Japan officials further pressured ma…
Crude oil prices surged as the US-Iran standoff kept the Strait of Hormuz shut, stoking fears of prolonged supply disruption. Escalating geopolitical friction and potential inflationary pressures fro…
Despite Treasury Secretary Bessent's May forecast of quick price relief, gasoline remains above $4/gallon for a record 103 days in 2026 as the Strait of Hormuz blockade persists, keeping WTI near $82…
EIA raised 2026 oil price forecasts to $87/barrel on Middle East supply disruptions, pushing gasoline and diesel prices higher. This threatens to reignite inflation amid a cooling labor market, press…
U.S.-Iran conflict resumption and Russian refinery strikes have driven crude and refined products into steep backwardation, boosting convenience yields for long futures positions, especially in diese…
BCA Research warns Europe faces technical recession risk from renewed energy inflation, weak manufacturing and limited fiscal support, while forecasting EUR/USD decline toward 1.10-1.12 as US dollar …
US gasoline prices topped $4/gallon as Middle East conflict escalates, with Iran's Strait of Hormuz closure and US-Iran military strikes driving a 16% weekly oil price surge, fueling inflation fears …
Oil prices surged above $90/barrel as US-Iran conflict intensifies with a ninth day of strikes, threatening Strait of Hormuz flows. Refining capacity outages and record crack spreads signal deepening…
U.S. strikes in Iran dampened peace deal hopes, causing oil prices to surge 2.5% while European stocks retreated. ECB signals June rate hike despite potential peace talks. Wall Street futures remain …
Crude oil surged 4.13% to $105.35/barrel after U.S.-China summit yielded no Iran peace announcement, renewing war concerns and Strait of Hormuz blockade fears amid stagflation warnings.