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The Latest Breaking News on Markets

Asia shares mostly lower and oil hovers around $100 a barrel over Iran war worries

Asia shares are mostly lower, tracking Wall Street losses, while oil prices hover around $100 per barrel

The Independent UK

Dow Dives 739 Points as Oil Prices Spike: Stock Market Today

Surging oil prices sparked another volatile session for stocks on Thursday – and exacerbated worries of rising inflation.

Kiplinger

Why Petrol Prices Haven’t Risen Despite $100 Oil

Fuel prices influence nearly every part of daily life. From daily commuting to the cost of groceries and transportation, even a small change at the petrol pump can affect the entire economy. Recently, global oil markets witnessed a dramatic shift as crude oil prices surged close to $100 per barrel,…

MyLifeXP

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Brent crude oil briefly tops $100 a barrel as Iran attacks on shipping worsen supply concerns

The price of a barrel of Brent crude oil, the international standard, has topped $100 a barrel again, jolting markets just days after it spiked near $120

The Independent UK

Aussie shares tumble as oil spikes after tankers struck

Oil prices have surged as the Middle East conflict escalates, overshadowing a plan to release millions of barrels of crude reserves to shore up supply.

AAP

Nasdaq Rises Amid Middle East Uncertainty: Stock Market Today

Governments and global organizations are responding to the threat of a potential energy crisis stemming from the war in the Middle East.

Kiplinger

Oil Market Volatility Eases After Initial Supply Shock From Iran Conflict

Oil prices eased after briefly surging above $100 as fears of major supply disruptions from the Iran conflict began to calm.

International Business Times

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World’s energy watchdog orders emergency release of 400m barrels of oil to curb prices – as it happened

IEA’s oil release is largest in its history; UK government considering support schemes for households and businesses hit by surge in energy prices

The Guardian - UK

Asian shares advance as markets await signals on when the war with Iran may end

Asian shares have advanced as U.S. stocks held relatively steady while investors awaited signals on when the war with Iran may end

The Independent UK

ASX edges higher on hopes of record oil reserve release

Volatile oil prices continue to dictate stock market sentiment with the local bourse trading higher on hopes tapping reserves could shore up crude supply.

AAP

Oil Prices Sent Into Unprecedented Volatility, Plunging Then Rebounding to $90 per Barrel

Oil prices tumbled by roughly $10 a barrel then rebounded by about $11 from intraday lows, with Brent crude trading back around the $90 mark.

International Business Times

FTSE 100 rallies as inflation fears ease

The FTSE 100 index closed up 162.72 points, 1.6%, at 10,412.24.

The Independent UK

Is Crude Oil Price Going Down Soon Amidst Iran Conflict? Trump Declares 'War Is Almost Over'

Oil prices surged amid Iran conflict fears but fell after Donald Trump said the war could end soon, easing concerns about supply disruptions in the Strait of Hormuz.

International Business Times UK

UK, Germany and Italy ‘working together’ to navigate commercial shipping through strait of Hormuz - as it happened

Rolling coverage of the latest economic and financial news

The Guardian - UK

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The Independent UK

Oil prices fall and Asia markets rebound after Trump says Iran war will end ‘soon’

Trump says war against Iran is ‘very complete’ but US and Israel haven’t quite ‘won enough’ yet

AAP

Australian shares pare early gains for modest rebound

Hopes of a timely end to the Middle East conflict sparked a relief rally on the local bourse, but the optimism was limited, capping gains by the close.

Kiplinger

Stocks Recover as Oil Retreats From $119: Stock Market Today

How high the price of crude oil rises and how long it stays there are critical questions for market participants and policymakers alike.

The Independent UK

The two major money worries from Middle East instability

INDEPENDENT MONEY: Business and Money Editor Karl Matchett explains how Middle East instability could push up energy bills and mortgage rates – and what it might mean for your finances – in the latest Independent Money newsletter

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news in one place.

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Latin Times

French President Macron Announces 'International Mission' To Reopen Strait Of Hormuz: 'Purely Defensive'

French President Emmanuel Macron announced on Monday an "international mission" to escort ships across the Strait of Ormuz and help reopen the key waterway as energy prices soar as a result of the war in Iran.

The Independent UK

FTSE 100 plummets further as oil prices soar above $100 a barrel

Oil prices surged past $100 a barrel for the first time since the summer of 2022

Evening Standard

Oil prices race above 100 dollars a barrel as Iran conflict escalates

Brent crude soared by 17% to more than 108 dollars a barrel, having at one stage reached nearly 120 dollars a barrel for the first time since 2022.

The Guardian - UK

Rachel Reeves warns fuel retailers not to make ‘excess profits’ from oil crisis; G7 ‘stands ready’ to release crude reserves – as it happens

Finance ministers from G7 countries resist pressure to release emergency oil stocks at video call today

International Business Times UK

Oil Prices Hit $100 as Middle East War Threatens 20% of World Oil Supply

Crude oil prices hit $110 amid Middle East tensions, risking a global energy crisis. Discover how market volatility impacts global economies and energy supplies.

The Guardian - AU

Why has the Iran war sparked fears of stagflation for the global economy?

Conflict in the Middle East risks knocking growth worldwide and boosting prices, economists warn, amid global market turbulence

The Guardian - AU

ASX closes after $90bn wiped from sharemarket amid spike in oil prices over Middle East crisis

Benchmark S&P/ASX 200 closes down by 2.85%, marking the single biggest one-day drop since Donald Trump’s ‘liberation day’ tariffs announcement

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