Shares slip in Asia as oil jumps on Gulf attacks

Commodities: Oil Market Shrugs Off Persian Gulf Escalation

Commodities: Oil Market Shrugs Off Persian Gulf Escalation

The Commodities Feed: Oil bounces on Persian Gulf re-escalation

ASIA/PACIFIC: Re-escalation in the Persian Gulf has reignited supply concerns, pushing oil prices higher amid questions about the direction of US-Iran peace talks

Asian stocks are mixed and oil prices slip after Iran and US launch fresh attacks

Shares are mixed in Asia and oil prices have stabilized as conflict escalated in the Middle East, with Iran and the U.S. launching fresh attacks.

Asian Markets Decline As Middle East Tensions Escalate After Fresh US Strikes On Iran

Rising oil prices and renewed military action in the Gulf weighed on investor sentiment across the region.

ATHEX: Mini sell-off after fresh Gulf tension

The resumption of military action in the Persian Gulf had an immediate impact on markets, with oil rates jumping and bourse indexes slumping.

Middle East tensions threaten to push oil prices beyond current range, Eni CEO says

Milan, July 11 (SANA) Continued tensions in the Middle East could push global oil prices beyond their current range of 80 to 100 per barrel by the first quarter of 2027, Eni CEO Claudio Descalzi said, warning that prolonged regional conflicts are increasing pressure on energy markets. Speaking to Reuters on Saturday, Descalzi said withdrawals []

Harga minyak mentah jatuh ke paras sebelum krisis di Asia Barat

PETALING JAYA: Harga minyak mentah jatuh ke paras sebelum krisis dan trend tersebut dijangka berterusan dalam tempoh terdekat susulan langkah pengurusan risiko pasaran yang proaktif serta pemulihan pantas rantaian bekalan dari Asia Barat. Kontrak niaga hadapan minyak mentah Brent kini menghampiri paras AS72 setong, manakala penanda aras Amerika Syarikat (AS), West Texas Intermediate (WTI) berada ... Read more The post Harga minyak mentah jatuh ke paras sebelum krisis di Asia Barat appeared first on Utusan Malaysia.

While Oil Prices Have Fallen From Their Peak, Here's Why They Could Rise Again in the Future.

The agreement to end the Middle East conflict has pushed oil prices lower, but that could be a temporary reprieve.

Oil markets brace for more turbulence ahead amid geopolitical risks, supply-demand dynamics

BEIJING, July 10 (Xinhua) -- Middle East tensions flared anew on Wednesday, sending oil prices sharply higher after the U.S. military resumed strikes on Iran. Brent crude futures jumped more than 5 percent, nearing 80 U.S. dollars a barrel.Investors were quick to price in the risk of further supply disruptions through the Strait of Hormuz, one of the world's most important energy shipping routes, though analysts

Oil Fluctuates After Second Day of US Strikes on Iran

Oil swung as traders assessed the outlook for Middle Eastern crude supplies after US forces conducted a second day of strikes against Iran. Vessel-tracking data on Thursday showed a drop-off in transits through the Strait of Hormuz. Bloomberg's Stephen Stapczynski reports. (Source: Bloomberg)

Could oil prices spike further? Inside the fragile US-Iran stance in the Gulf

Geopolitical tensions in the Middle East have escalated after attacks on commercial vessels. Iran's objective appears to be expanding its strategic influence over the Strait of Hormuz. Gulf nations are remaining cautious to avoid direct involvement in the confrontation. Crude oil prices are expected to remain elevated due to ongoing geopolitical risks. India, a major oil importer, faces increased vulnerability from these market developments.

Oil Is Flowing Out of the Gulf. Everything Else Is Up in the Air

Oil Is Flowing Out of the Gulf. Everything Else Is Up in the Air

Asian shares slip as earnings loom, oil weighed by supply

Asian shares slip as earnings loom, oil weighed by supply

Gulf stock markets fall as oil prices return to pre-war levels

Gulf stock markets fall as oil prices return to pre-war levels Most stock markets in the Gulf closed lower on Thursday, as oil prices fell back towards levels last seen before the start of the US-Israeli war on Iran. The decline came after a preliminary agreement between the United States and Iran paved the way for the reopening of the Strait of Hormuz. Oil prices, a key driver for Gulf financial markets, extended losses as expectations of increased Middle East supply outweighed concerns over demand, according to the Reuters news agency.

Hormuz peace deal shaken after reported IRGC attack on cargo ship, oil prices jump

Crude oil prices edged higher and caught global markets flat-footed on Thursday after Iran’s Islamic Revolutionary Guard Corps attacked a Singapore-flagged cargo ship in the Strait of Hormuz, according to a report from the Wall Street Journal, citing two senior U.S. officials. The incident blindsided investors who had expected a period of cooling geopolitical tensions. []...Click to read more

European Union: Oil Flows from Middle East Recovering

European Union: Oil Flows from Middle East Recovering

GREEN: Trans Mountain ‘capacity’ milestone should end opposition to new pipeline

Turbulence in world oil markets due to the Iran war has only made Canadian oil more attractive and the Trans Mountain expansion has been instrumental in priming the pump for future sales to those Asian markets

Oil prices surge 4%, as U.S.-Iran tensions raise supply concerns

The growing Middle East tensions also affected global financial markets. The post Oil prices surge 4, as U.S.-Iran tensions raise supply concerns appeared first on BOL News.

Oil Prices Fall as U.S.-Iran Talks Show Signs of Progress

Oil prices retreated on Monday, reversing earlier gains, after Iran’s foreign minister said there had been “major progress” toward ending the fighting in Lebanon during the first session of high-level talks with the United States. Pakistan and Qatar, which are mediating the negotiations in Switzerland aimed at securing a lasting peace agreement, said in a []

Iraq’s 14 million barrels of trapped oil travels through Strait of Hormuz

Iraqi oil stranded by the Middle East conflict has escaped the Persian Gulf over the past ten days as transit via the Strait of Hormuz eased during an uneasy US-Iran ceasefire. Vessels carrying about 14 million barrels of Iraqi oil exited the Gulf in the latter part of June and are now carrying crude to buyers in Asia, Europe and the US, according to tanker tracking data compiled by Bloomberg. That is the equivalent of about 1.4 million barrels a day over the 10-day period. All cargoes loaded...

Live markets: Second day of U.S, Iran conflict keeps markets volatile as oil drops

Live markets: Second day of U.S, Iran conflict keeps markets volatile as oil drops

Trump’s Iran rupture rattles markets as stocks slide, oil jumps more than 5.5% and bond yields surge

Renewed Middle East tensions, US strikes on Iran and Trump’s trade threat against Spain trigger a sharp sell-off across global markets The post Trump’s Iran rupture rattles markets as stocks slide, oil jumps more than 5.5 and bond yields surge appeared first on ProtoThema English.

Oil Prices Decline

Singapore - Oil prices fell on Tuesday, extending losses after a sharp decline in the previous session. Investors are waiting for clearer signs of progress regarding the resumption of crude oil flows through the Strait of Hormuz after talks between the United States and Iran. Brent crude futures dropped by 20 cents, or 0.3 percent,... Read more Source The post Oil Prices Decline appeared first on Libya Update News.

Asian refiners see little room for Iranian oil, leaving China as key buyer after US waiver

Hit by supply disruptions due to the blockade of the Strait of Hormuz since March, Asian refiners have been aggressively buying oil ‌from the US, Russia, Africa and Latin America

Cooling Middle East Tensions Lift Markets and Pressure Oil – Comments from Century Financial

Crude Oil WTI is trading around 70.77 (-0.9) in early Asian hours, while Brent is hovering near 73.75 (-0.4), as easing geopolitical tensions between the U.S. and Iran continue to weigh on crude prices. Markets have largely priced in the prospect of renewed diplomacy after both sides agreed to halt attacks and resume technical talks [] The post Cooling Middle East Tensions Lift Markets and Pressure Oil – Comments from Century Financial appeared first on Middle East News 247.