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Crude prices were surging on Monday amid no signs that the Iran conflict was de-escalating and as some major oil producers were reportedly forced to cut production.
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War chokes the Strait of Hormuz, leaving hundreds of oil tankers and container ships stranded and raising alarms of a looming global energy shock and food shortages across the Gulf and beyond.
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World shares tumble as Iran war pushes crude prices over $110 a barrel AP NewsStock market today: Dow, S&P 500, Nasdaq futures slammed as oil prices surge to over $110 a barrel Yahoo FinanceJapan Stock Fear Gauges Soar as Oil Spike Upends Bull Scenario BloombergAsian markets crash as oil spikes toward $115/barrel; Nikkei and Kospi plunge over 6% amid Middle East war crisis Seeking Alpha
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Oil Tops $100 as War Rages, US Stock Futures Drop: Markets Wrap BloombergG7 to discuss joint release of emergency oil reserves, FT reports ReutersG7 to discuss joint release of emergency oil reserves Financial TimesG7 to discuss joint release of emergency oil reserves - report The Times of Israel
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How US deals with crucial export hub could shed light on its longer-term strategy towards Iran
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The latest Middle East tensions sheds light on how the world's three largest oil consumers have taken different approaches to energy, with global consequences.
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Asian markets tumbled on Monday as Middle East tensions and spiking oil prices sparked a mass exit from the region's previously booming stocks.
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Interruptions in oil supplies in the Middle East, source of much of the world's energy, are trickling down to what American drivers pay when they fill up.
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Dow Jones Futures Dive As Oil Surges Above $110. Iran Names Khamenei's Son As Supreme Leader. Investor's Business DailyOil Could Break its All-Time Record and Hit $148 Per Barrel This Week Yahoo FinanceThree small-cap energy stocks flash 'A' profitability amid $90 Oil surge (FLNG:NYSE) Seeking AlphaBREAKING: Massive Oil Price Increases The Bulwark
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Deflationary pressures ease as AI-related spending rises and Beijing clamps down on overcapacity
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U.S. stock-market futures fell on Sunday as crude futures surged above $100 a barrel for the first time since 2022 amid growing fears about the economic effects of the conflict with Iran.
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Japan, South Korea stocks tumble over 6% as oil tops $100 amid broader Asia market rout CNBCJapan Equities Set to Resume Fall on Escalating Middle East Woes Bloomberg.comJapan's Nikkei 225 share index falls more than 6% as oil soars over $100 a barrel Yahoo Finance
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Iran war: Oil prices jump above $100 for first time in four years BBCOil surges above $110 a barrel; Trump says 'small price to pay' for defeating Iran CNBCDemocrats Seize on Oil Price Surge, as Trump Downplays It The New York TimesOil Tops $100 as War Rages, US Stock Futures Drop: Markets Wrap Bloomberg.com
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Brent crude reached its highest price since Russia invaded Ukraine in 2022. Gasoline prices in the U.S. are expected to continue to rise.
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Iran war spreading economic damage far beyond oil and gas markets The Washington PostEnergy prices will fall when U.S. destroys Iran's ability to attack tankers in Strait of Hormuz: Wright CNBCUS energy chief says spike in gas prices will fall ‘before too long' amid Iran war The GuardianOil prices are soaring, but Trump is downplaying the need to tap the Strategic Petroleum Reserve AP News
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HORMUZ TRACKER: Iran-Linked Ships Are the Only Ones to Transit Bloomberg.comMiddle East conflict hits shipping, oil prices and other international trade stories to know this month The World Economic ForumThe Billionaire Whose Ships Are Braving Missiles in the Strait of Hormuz WSJMaersk, a bellwether for global trade, suspends two key shipping services due to Iran war CNBC
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The outperformance of international stocks is faltering as oil prices climb to $80 barrel.
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Donald Trump has not fulfilled a vow to refill the Strategic Petroleum Reserve that was drained by Joe Biden
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