Latest Updates Around The World
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 […]
ANKARA, TURKIYE – JUNE 17: An infographic titled “Strait of Hormuz” created in Ankara, Turkiye on June 17, 2025. Connects Middle East oil and LNG production to global markets via the Arabian Sea and Indian Ocean. (Photo by Murat Usubali/Anadolu via Getty Images) Anadolu via Getty Images In the wake of the US and Israeli […]
Brent crude oil prices rose Friday amid late-day short covering as investors worried about U.S. military action while President Donald Trump put pressure on the Islamic Republic to halt its development of nuclear weapons. Brent crude futures settled at $71.76 a barrel, up 10 cents, 0.14%. U.S. West Texas Intermediate crude ended at $66.39 a […]
Oil prices were higher on Friday as concerns increased over the US-Iran conflict. Washington said Tehran will suffer if the country does not reach an agreement on its nuclear activities within days. Brent crude futures rose 21 cents, or 0.3%, to $71.87, while U.S. West Texas Intermediate crude rose 23 cents, or 0.4%, to $66.66. […]
Oil prices were steady on Tuesday as investors assessed the risks of supply disruption after Iran conducted naval exercises near the Strait of Hormuz ahead of nuclear talks with the US later in the day. US President Donald Trump said on Monday he would be “indirectly” involved in the Geneva talks, adding that he believes […]
