Oil prices rose slightly on Friday but remained on track for their sharpest weekly decline since June 2025, with both West Texas Intermediate and Brent crude down करीब 10% over the week, as tensions in the Middle East continued to disrupt confidence in global supply routes. The decline follows a sharp selloff earlier in the week after......
Bitcoin crossed $72,000 Friday, fueled by cautious optimism over upcoming US-Iran ceasefire talks and anticipation of a key inflation report later in the day. The top cryptocurrency rose 1.6% to around $72,159 early session, positioning for a roughly 7.3% weekly gain as risk appetite improved to support digital assets. The rally followed......
Goldman Sachs warned Thursday that Brent crude could average above $100 a barrel through 2026 if the Strait of Hormuz remains closed to normal tanker traffic for another month. The note highlights fragility in the recent US-Iran ceasefire. "The situation remains uncertain," analysts including Daan Struyven wrote after the two-week......
Global markets posted broad gains Friday as investors showed cautious optimism ahead of high-stakes US-Iran peace talks set to begin Saturday in Islamabad, Pakistan. The rebound remains fragile. Israeli strikes in Lebanon threaten to shatter the two-week truce, and the Strait of Hormuz stays largely closed to maritime trade. The ceasefire......
A six-week conflict involving the United States, Israel, and Iran has triggered Asia's worst energy crisis in decades, with surging fuel prices, severe LPG shortages, and widespread economic fallout. A fragile two-week ceasefire announced April 7 offers only tentative relief. Wood Mackenzie's April 6 analysis shows Asia's spot......
U.S. stock markets posted sharp gains Wednesday, their strongest session in a year, after the United States and Iran agreed to a two-week ceasefire. The truce raised hopes of easing an oil shortage that had stalled the economy. The Dow Jones Industrial Average climbed 1,325 points, or 2.85 percent. The S&P 500 rose 2.5 percent, and the......
U.S. Vice President JD Vance warned Iran on Tuesday that Washington retains untapped military capabilities, speaking alongside Hungarian Prime Minister Viktor Orbán in Budapest as American forces struck dozens of military targets on Kharg Island, Iran's most critical oil export terminal, hours before a presidential deadline demanding......
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