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Keywords: Prices


Sterling slips as U.S.–Iran tensions shake market confidence

Pound sterling weakened slightly on Monday as rising geopolitical tensions between the United States and Iran unsettled global financial markets and boosted demand for the U.S. dollar as a safe-haven asset. Investor sentiment turned cautious after renewed uncertainty over a fragile ceasefire agreement,......

European gas prices surge as Iran ceasefire nears expiration

Global economic risks are intensifying as energy prices climb and geopolitical tensions persist between the United States and Iran. Seven weeks into the conflict, policymakers and economists warn of mounting stagflation pressures, driven by rising costs, slowing growth, and constrained monetary policy.......

US energy chief warns gas prices may remain above $3 per gallon until next year

Gas prices in the United States could remain above $3 per gallon well into next year, according to Energy Secretary Chris Wright, who pointed to ongoing geopolitical tensions and market uncertainty as key factors influencing fuel costs. Speaking in a televised interview, Wright said that while prices......

Netherlands activates first phase of energy crisis plan amid market pressures

The Netherlands is preparing to activate the initial phase of its national energy crisis plan, marking a precautionary step in response to ongoing pressures in fuel and energy markets. The plan, originally designed during the energy disruptions that followed the 2022 conflict in Ukraine, outlines a......

Sulfur supply crisis deepens as China curbs acid exports

The war between the United States and Iran has triggered a widening disruption in global chemical supply chains, with sulfur emerging as a critical bottleneck across multiple industries. As the conflict enters its seventh week, repeated closures of the Strait of Hormuz have restricted access to one of......

Energy shock from Iran war shifts western orders back to China

The Canton Fair opened in Guangzhou with record scale, bringing together more than 32,000 companies and over 210,000 registered foreign buyers. The event reflects strong global trade interest, yet it unfolds under the shadow of a prolonged conflict involving the United States, Israel, and Iran. The war......

European power prices drop below pre war levels on renewable surge

European electricity prices have fallen below levels seen before the Middle East conflict, driven by a combination of expanding renewable energy output and a sharp decline in natural gas prices. The drop accelerated after Iran announced the reopening of the Strait of Hormuz, easing concerns over energy......

Aluminum prices fall after Iran reopens Hormuz to shipping

Aluminum prices declined on Friday after Iran announced the reopening of the Strait of Hormuz to commercial traffic, easing supply concerns that had driven the metal to a four year high. The statement followed a 10 day ceasefire linked to tensions between Israel and Lebanon, triggering a broader pullback......

Nornickel says higher prices offset rising costs and longer delivery times amid Middle East conflict

Russian mining and metals company Nornickel has reported that rising global metal prices are helping to offset higher logistics costs and longer delivery times caused by disruptions linked to the ongoing conflict in the Middle East. The company said that shipping routes for its base metals exports have......

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