Stock markets fell as energy prices soared on Monday as supply disruptions from the war in the Middle East fueled volatility and fueled inflation fears. Oil prices soared above $100 a barrel for the first time since Russia’s invasion of Ukraine in 2022, as Iran carried out retaliatory strikes against oil-producing Gulf states.The Dow Jones […]
Markets experienced a second straight session of sharp and erratic price swings after US and Israeli attacks on Iran last weekend heightened geopolitical tensions. A key concern for investors is the risk of disruption to the Strait of Hormuz, a vital chokepoint that carries about a fifth of the world’s oil supply. Any sustained disruption […]
PV Sindhu (Image credit: PTI) NEW DELHI: Indian badminton great PV Sindhu has returned safely to India after a tense few days in Dubai, where she was stranded due to the escalating conflict in the Middle East.Confirming her return through a social media post, Sindhu said she is back home in Bengaluru after an anxious […]
Stocks on Wall Street were moderately lower early Monday as the war initiated by US-Israeli attacks on Iran spread across the Middle East, sending oil prices higher.About 20 minutes into trading, the Dow Jones Industrial Average was down 0.7 percent at 48,661.35. The broad-based S&P 500 fell 0.5 percent to 6,845.44, while the tech-rich Nasdaq […]
TLDR: UAE regulators closed both stock exchanges for two days to prevent panic selling following missile and drone attacks. The Abu Dhabi Securities Exchange has about $700 billion in market capitalization, putting billions at risk of being lost. Polymarket estimates the probability of a closure of the Strait of Hormuz at 48.5%, posing a threat […]
Global oil markets are entering a volatile phase as escalating tensions in the Middle East raise fears of supply disruption through one of the world’s most critical energy corridors, with analysts warning crude prices could rise sharply if the conflict deepens.Khamenei’s death, which was previously confirmed by Iranian state media, prompted warnings of strong retaliation […]
The rapidly evolving conflict in the Middle East is increasing investor anxiety and strengthening the case for safe haven transactions such as government bonds, gold and the Swiss franc. Macro traders said all eyes will be on energy markets when trading fully reopens on Monday, with early indications of volatility also expected as the US […]