Tech shares lift global markets while oil slips as Iran war keeps traders on edge

Commodities: Oil Market Shrugs Off Persian Gulf Escalation

Commodities: Oil Market Shrugs Off Persian Gulf Escalation

Is OPEC Losing Control as Gulf Oil Producers Race to Reclaim Market Share?

The four month Iran war severely disrupted global energy markets after Tehran restricted shipping through the Strait of Hormuz following U.S. and Israeli military strikes. At the height of the conflict, around 14 million barrels of oil per day were removed from global supply, triggering fears of a prolonged energy crisis and sending Brent crude [] The post Is OPEC Losing Control as Gulf Oil Producers Race to Reclaim Market Share? appeared first on Modern Diplomacy.

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

World shares are mixed and oil prices slip after Iran and US launch fresh attacks

World shares are mixed and oil prices have slipped after conflict escalated in the Middle East, with Iran and the U.S. launching fresh attacks.

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

Oil, gas tankers cross Hormuz via Oman-side route after U-turns

The oil market is fixated on what's moving through Hormuz and how, as ships try to avoid Iran's military as they come and go.

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

Oil close to pre-war price as Iran oil hits market, ships transit strait

Oil close to pre-war price as Iran oil hits market, ships transit strait

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.

Iran's biggest weapon against the US may be slipping away, experts say

Iran's attacks on commercial shipping sent oil prices higher, but alternative routes and rising OPEC+ production may be weakening Iran's leverage.

US-Iran war LIVE updates: Oil prices fall after ‘progress’ made during first round of peace talks in Switzerland

US-Iran war LIVE updates: Oil prices fell on Monday after talks between the United States and Iran in Switzerland ended with Tehran saying it had secured exemptions for oil and petrochemical exports, easing concerns over a possible shortage in global supplies.

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 decline after OPEC+ agrees to increase output

London, July 6 (SANA) Oil prices fell in global trading on Monday after OPEC+ agreed to a further increase in production targets starting in August, while exports through the Strait of Hormuz continued to recover, paving the way for increased supplies to the global market. Reuters reported that Brent crude futures fell 24 cents, or []

JUST IN: 🇺🇸🇮🇷 US blocks sale of Iranian oil again after Iran struck tankers in the Strait of H [...]

JUST IN: US blocks sale of Iranian oil again after Iran struck tankers in the Strait of Hormuz.US says Iran will only reap benefits if they exhibit good behavior.@BRICSNews

Harga minyak kukuh, Petronas perlu percepat pelaburan

PETALING JAYA: Harga minyak yang lebih kukuh kini menjadi pemangkin utama kepada Petroliam Nasional Berhad (Petronas) untuk menggerakkan semula pelaburan sektor huluan yang sebelum ini ditangguhkan, sekali gus mengurangkan justifikasi syarikat untuk terus mengambil pendekatan berhati-hati terhadap perbelanjaan modal. Menurut CIMB Securities Sdn. Bhd., gabungan harga minyak yang tinggi, aliran tunai yang lebih mantap serta ... Read more The post Harga minyak kukuh, Petronas perlu percepat pelaburan appeared first on Utusan Malaysia.

Oil Rises as US Hits Iran, Stocks Lose Momentum: Markets Wrap

Oil climbed and government bonds fell after the US and Iran launched a fresh round of attacks, escalating tensions in the Middle East. Gold and silver declined.

Global markets face selling pressure amid renewed geopolitical tensions

Escalating US-Iran tensions and risks around Strait of Hormuz drive oil prices higher, lifting bond yields and weighing on global equities

Iran conflict strengthens case for power, metals over oil: strategist

Iran conflict strengthens case for power, metals over oil: strategist

Why Lower Oil Prices Don’t Match the Continued Drawdown in Global Inventories

Oil entered early July trading caught in one of the strangest contradictions in commodity markets: global inventories are still being drawn down, U.S.-Iran skirmishes have not fully faded, and yet prices keep sliding. Crude has now fallen back to levels seen before the war broke out, with traders focusing more on weakening demand than on [] The post Why Lower Oil Prices Don’t Match the Continued Drawdown in Global Inventories appeared first on Egyptian Gazette.

Iran's unsold oil piles up at sea as buyers stay wary

Iran's unsold oil piles up at sea as buyers stay wary

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

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.

OPEC+ raises output as oil market enters new geopolitical era

The shifting tides of the global energy market have once again thrust OPEC+ into the spotlight, laying bare the delicate and often volatile intersection of geopolitics and oil economics. The group’s recent decision to boost oil production targets for August by 188,000 barrels per day is on the surface a standard regulatory tweak meant to stabilize a fluctuating market.

Trump administration upends decades of U.S. policy to give Iran what it desperately wants

Iran can now sell oil on the open market, receive higher prices and be paid in dollars. It could be an enormous economic boon for the country. The post Trump administration upends decades of U.S. policy to give Iran what it desperately wants appeared first on MS NOW.

Iranian oil sells 20% higher after U.S. sanctions suspension - parliament speaker

Iranian oil sells 20% higher after U.S. sanctions suspension - parliament speaker

ExxonMobil vs. Chevron: Which Oil Dividend Stock is the Better Buy for a Lifetime of Passive Income

These two oil giants go head-to-head.

Oil Prices Rise Further After Another Round of Strikes in the Gulf

Oil prices continued to climb on Thursday, as U.S. and Iranian military forces traded a second round of strikes around the Persian Gulf. Choppy trading in stocks and bonds reflected anxiety among investors about the effects of the war. President Trump said the latest strikes, which targeted around 90 sites along Iran’s coast, were “retribution” []

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.

Oil volatility will cause irreversible changes to energy markets, expert warns

Global economies have already weighed energy options beyond the Middle East, as the war in Iran has put irreversible pressure on the oil industry, according to Karen Young, a researcher at Columbia University. “I don’t think (advancements in green technology) is going to be reversible,” Young told CNN’s Fareed Zakaria. “Countries are now thinking more The post Oil volatility will cause irreversible changes to energy markets, expert warns appeared first on Egypt Independent.

Oil prices surge on US-Iran attacks

World oil prices surged Monday as a fresh flare-up between the United States and Iran rattled investors, while a selloff in chipmakers sent South Korea's stock market plunging. The post Oil prices surge on US-Iran attacks appeared first on Vanguard News.