News

JPMorgan lays out a worst-case scenario for Israel-Iran that could send oil prices spiking 75%
JPMorgan says there's about a one in five chance that disruptions to oil production in the Persian Gulf send prices spiraling ...
America’s economy faces a new war shock: Surging oil prices
The American economy faces the unwelcome prospect of reignited inflation after the United States launched strikes on three ...
The Strait of Hormuz is a vital route for oil. Closing it could backfire on Iran
The war between Israel and Iran has raised concerns that Iran could try to close the Strait of Hormuz, the world’s most ...
Gas prices: Trump 'watching,' warns against energy price spike after U.S. strike on Iran
Average fuel prices across Florida are notably higher to open the work week June 23 than they were seven days ago amid ...
South African rand weakens as spike in oil prices weighs
The South African rand weakened in early trade on Monday, pressured by the rise in crude oil prices and risk-off sentiment ...
Stock Market Today: Dow, S&P 500 and Nasdaq on track for modest losses after U.S. bombs Iran; oil trims initial spike
Investors weigh oil prices and await Iran's next move after the U.S. bombed Iran's nuclear sites over the weekend.
What the U.S. strikes on Iran could mean for world oil prices
If Iran moves to blockade the Strait of Hormuz, prices could spike, but analysts see that scenario as unlikely for now.
Oil prices are now the stock market's biggest driver
Wall Street strategists believe a big spike in oil prices could be the next major catalyst for equities if tensions continue to escalate in the Middle East.
Cyprus Mail on MSN2d
Energy minister: Temporary fuel price spike expected
Fuel prices in Cyprus are expected to see a sharp, but temporary, rise due to the conflict between Israel and Iran in the Middle East, Energy Minister George Papanastasiou said on Friday, adding that ...