Keywords: Conflict
European stock markets opened sharply lower on Monday, weighed down by surging oil prices and ongoing conflict in the Middle East, with no signs of de-escalation as the fourth week of tensions begins. At around 9:05 a.m. Paris time, major indices were down: Paris’s CAC 40 fell 1.44%, London’s......
A supply shock triggered by the conflict involving Iran is disrupting the global smartphone market, as a sharp reduction in helium supply threatens semiconductor production while a parallel shortage of memory chips continues to drive device prices higher and weaken shipment forecasts. The crisis intensified......
Oil prices have surged to their highest levels in nearly four years as the conflict involving Iran disrupts global energy supply, raising inflation risks and reviving concerns about stagflation. Brent crude closed at $112.19 per barrel on Friday, its highest level since July 2022. In the United States,......
China has issued a strong warning against further escalation in the Middle East, cautioning that continued military action could trigger a “vicious cycle” of instability across the region. Speaking at a press briefing, Chinese Foreign Ministry spokesperson Lin Jian called on all parties......
Gold and silver continued to fall at the start of the trading week, extending a multiweek selloff driven by tight US monetary policy, a stronger dollar and renewed inflation concerns linked to rising energy prices amid the Iran conflict. Gold futures dropped sharply early in the session, adding to losses......
Gold prices are on course for their steepest weekly decline since March 2020, pressured by the Federal Reserve’s firm interest rate stance and a stronger US dollar, despite a modest rebound on Friday. Spot gold edged higher early in the session to around 4,700 dollars per ounce, recovering from......
Switzerland has announced that it will temporarily halt weapons exports to the United States due to ongoing military actions involving Iran, citing its longstanding policy of neutrality. The Swiss government stated that licenses for exporting war materiel to countries engaged in the conflict cannot......
Fuel prices in Vietnam rose sharply overnight following a government decision to increase rates amid growing concerns over supply disruptions linked to the Middle East conflict. The price of gasoline climbed by around 20%, while diesel surged by approximately 34% in a single adjustment. Since the escalation......
The United States signaled a prolonged military campaign against Iran as Defense Secretary Pete Hegseth said no timeline has been set for ending the conflict, even as Washington prepares its largest wave of strikes since operations began. Speaking at the Pentagon, Hegseth stated that the duration of......
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