Tags :Dragonfly – Middle East
The global economy suddenly finds its energy supplies threatened on three fronts simultaneously: the Persian Gulf, the Red Sea and the Black Sea. The world goes into these disruptions with the lowest levels of oil Read More
1443 GMT – Oil prices slightly trim earlier gains as investors closely watch developments in the Middle East amid escalating attacks between the U.S. and Iran and threats to Red Sea shipping by the Houthi rebels. Read More
1505 ET – Oil futures rise for a third straight session as the U.S. and Iran continue strikes, while President Trump says the U.S. isn’t interested in a meeting until Iran is ready to Read More
Gold has suffered a rough few months, tarnishing the bull case for the metal. But it still has a role to play in investor portfolios, and now is a good time to buy the dip. Read More
Abu Dhabi National Oil Company said it would proceed with the $6.2 billion development of the offshore Umm Shaif Gas Cap, increasing its bet that long-term gas demand remains strong despite conflict in the Middle East Read More
Asian stocks broadly rose Tuesday morning as hopes for a new U.S.-Iran ceasefire bolstered investor appetite for risky assets. Mediators were working Monday to encourage the U.S. and Iran to agree to Read More
U.S. stocks were slightly lower in cautious trading on Monday, as chip shares bounced back from last week’s bruising selloff and investors shrugged off a new Chinese AI model. Global oil prices pulled Read More
By Heard on the Street Staff This is an edition of the Markets P.M. newsletter, a recap of the day’s most important markets moves, delivered after the closing bell. If you’re not Read More
By Dow Jones Newswires Staff Oil pared gains but continued to trade close to $90 a barrel in early European trade as further escalation in the Middle East worried investors, though U.S. stock futures largely Read More
President Trump has succeeded at times in calming crude-oil markets even as the Iran war rages on. But he doesn’t have the same sway over gasoline prices, which ultimately matter more to consumers. Despite Read More