News

Investors brace for oil price spike, rush to havens after US bombs Iran nuclear sites
A key concern for markets would center around the potential impact of the developments in the Middle East on oil prices and ...
What does the widening military conflict in Iran mean for oil prices? Here's what the experts say.
Global crude prices jumped on Sunday but have since retreated. Here's what experts say about the outlook for oil and gas.
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 ...
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 ...
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.
Free Malaysia Today on MSN1d
Investors brace themselves for oil price spike, rush to havens after US bombs Iran nuclear sites
There are concerns US military action against Iran would send inflation higher, dampening consumer confidence. Read more at ...
Japan's yen sinks as spike in crude oil overpowers safe-haven appeal
The Japanese yen, normally one of the most sought after safe havens in times of geopolitical stress, has dropped 2.4% against ...
Oil Could Spike to $90 If Strait of Hormuz Shut, Citigroup Says
Brent crude could jump to around $90 a barrel if the Strait of Hormuz is closed, according to Citigroup Inc., which added ...