World Business NewsTrump says war to continue until Iran totally defeated, could be over soon; Crude prices retreat, stock markets bounce on hopes of swift resolution
World Business NewsOil prices fall after surging to $119/bbl on Monday; Trump predicts the war in the Middle East could be over soon
World Business NewsDollar becomes traders’ safe-haven as Iran conflict disrupts oil and gas flows through Strait of Hormuz
World Business NewsMSCI Asia ex-Japan snaps two-day losing streak, Kospi surges as much as 6.4%; Nikkei 225 jumps 3.6%; Oil sharply lower, Brent crude futures fall 8.3%
World Business NewsOil pulls back after Putin discusses Iran war settlement proposals with Trump; Crude oil could trade in a wide range of around $75–$105 in the sessions ahead, analyst says
World Business NewsRussian president says oil output relying on Hormuz Strait could stop in a month
World Business NewsU.S. grants 30-day waiver allowing Russian oil stranded at sea to be sold to India to ease pressure on global oil markets
World Business NewsWright says U.S. considering more options for Russian oil sales as Washington grants 30-day waiver allowing stranded crude shipments to India
World Business NewsMarket inflation expectations rise as eurozone two-year outlook hits highest since Nov 2023 and U.S. two-year breakeven rate reaches one-month peak
HeadlinesSupply risks around the Strait of Hormuz and output curbs by Middle Eastern producers push crude to highest level since 2022 as analysts warn of inflation and growth shocks.
World Business NewsGovernment caps fuel purchases, advances Eid holidays and closes fertiliser plants to conserve electricity and gas
World Business NewsEmerging markets face capital outflow risks as oil surge pressures inflation; IMF urges central banks to prepare for worst-case scenarios