Wall Street Rises Friday but Posts Weekly Loss as Yields and Iran Uncertainties Linger
Markets

Wall Street Rises Friday but Posts Weekly Loss as Yields and Iran Uncertainties Linger

U.S. stocks bounced Friday on strong services data, but all three major indexes still fell for the week as bond yields a...

Yael Ben-David 👁 47 💬 0
Refining Crisis from Iran War Keeps Diesel and Gasoline Prices Under Pressure
Energy

Refining Crisis from Iran War Keeps Diesel and Gasoline Prices Under Pressure

Crude has retreated from wartime peaks, but fuel cracks, inventories and refining outages point to a prolonged diesel-ga...

Aoife Keane 👁 73 💬 0
Vance Says Cutting US Gasoline Prices Is Top Priority in Iran War
Energy

Vance Says Cutting US Gasoline Prices Is Top Priority in Iran War

Vice President J.D. Vance says the Trump administration's first goal is keeping oil and gas prices low across America, w...

Aoife Keane 👁 49 💬 0
Oil Prices Edge Up as Strait of Hormuz Stalemate Chokes Global Supply
Energy

Oil Prices Edge Up as Strait of Hormuz Stalemate Chokes Global Supply

Brent crude rises to $89.08 and U.S. gasoline hits $4.04 a gallon as fighting in Iran effectively shuts the critical wat...

Aoife Keane 👁 53 💬 0
China Single-Handedly Balances Asia's Crude Oil Demand After Hormuz Closure
Energy

China Single-Handedly Balances Asia's Crude Oil Demand After Hormuz Closure

China's crude imports have dropped 4.2 million bpd, absorbing almost all of Asia's demand loss since the Iran conflict c...

Aoife Keane 👁 54 💬 0
African Sovereign Bond Issuance Surges 70% in 2026 as Demand Defies Iran Fears
Economy

African Sovereign Bond Issuance Surges 70% in 2026 as Demand Defies Iran Fears

Citibank says it has helped African governments raise $6.2bn in debt so far this year, 70% more than in 2025. Improving ...

Niamh O'Sullivan 👁 28 💬 0
War-Driven Refining Boom Lifts Big Oil Earnings, but the Upside Is Fragile
Energy

War-Driven Refining Boom Lifts Big Oil Earnings, but the Upside Is Fragile

Record refining margins driven by the Iran conflict and Russian supply losses are turbocharging Big Oil profits. The win...

Aoife Keane 👁 32 💬 0
Asia's July Oil Imports Rebound but Remain Far Below Pre-Iran War Levels
Energy

Asia's July Oil Imports Rebound but Remain Far Below Pre-Iran War Levels

Asia's July crude and fuel imports rebounded on a ceasefire tailwind but remain well below pre-war levels, with the reco...

Aoife Keane 👁 32 💬 0
Gulf Hotel Demand Drops 43% for Marriott as Iran Conflict Tests Q4 Season
Travel

Gulf Hotel Demand Drops 43% for Marriott as Iran Conflict Tests Q4 Season

Marriott's Middle East RevPAR fell 43% in Q2 and executives warn the Gulf's Q4 peak season — when a third of annual regi...

Maya Golan 👁 30 💬 0
Trump Calls Out Exxon and Chevron for 'Too Much' Profit as Iran Conflict Buoys Oil Prices
Energy

Trump Calls Out Exxon and Chevron for 'Too Much' Profit as Iran Conflict Buoys Oil Prices

Trump accused ExxonMobil and Chevron of 'too much' profit and demanded lower retail fuel prices, as a report projects ne...

Aoife Keane 👁 33 💬 0
Brent Slides 4.9% as Trump Pauses Iran Strikes, Calming Stocks for Now
Markets

Brent Slides 4.9% as Trump Pauses Iran Strikes, Calming Stocks for Now

Brent crude fell to $83.59 after Trump said he would hold off on new Iran strikes, lifting stocks and easing inflation f...

Yael Ben-David 👁 43 💬 0
UK Fuel Theft Estimated at £194,000 a Day as Iran Conflict Lifts Prices
News

UK Fuel Theft Estimated at £194,000 a Day as Iran Conflict Lifts Prices

Fuel theft from UK forecourts rose 20% in incidents and 48% in value in the five months after the Iran conflict began, w...

👁 35 💬 0
IAG First-Half Profit Drops 21% as Iran War Drives Up Jet Fuel Costs; Iberia Provision €114M
Companies

IAG First-Half Profit Drops 21% as Iran War Drives Up Jet Fuel Costs; Iberia Provision €114M

IAG's H1 net profit fell 21% to €1.03 billion, squeezed by surging kerosene prices from the Iran conflict and a one-off ...

Declan Byrne 👁 28 💬 0
BoE Keeps Rate at 3.75%, Warns of Hike if Iran Conflict Persists
Economy

BoE Keeps Rate at 3.75%, Warns of Hike if Iran Conflict Persists

The Bank of England holds its key rate steady but signals readiness to tighten if Middle East tensions keep energy price...

Niamh O'Sullivan 👁 38 💬 0
US Military May Ban Cell Phones in Middle East as Iran Exploits Online Footage for Targeting
Defense

US Military May Ban Cell Phones in Middle East as Iran Exploits Online Footage for Targeting

Adm. Brad Cooper warns that social media posts from deployed troops give Iran real-time battle damage assessment, prompt...

Doron Avidan 👁 29 💬 0
Munitions Math: Why Weapons Stockpile Fears Are Slowing Trump’s Iran Campaign
Defense

Munitions Math: Why Weapons Stockpile Fears Are Slowing Trump’s Iran Campaign

Vice President Vance and Pentagon brass raised alarms that repeated strikes could drain missile and interceptor reserves...

Doron Avidan 👁 39 💬 0
German Business Confidence Edges Higher Despite Iran War Strains, Ifo Shows
Economy

German Business Confidence Edges Higher Despite Iran War Strains, Ifo Shows

The Ifo index rose to 86.6 in July, a third straight monthly gain that surprised analysts, but economists warn the recov...

Niamh O'Sullivan 👁 38 💬 0
Houthi Strikes on Saudi Oil Sites and Caspian Clash Signal Wider Iran War
Energy

Houthi Strikes on Saudi Oil Sites and Caspian Clash Signal Wider Iran War

Fighting in the Iran conflict leaped to the Red Sea and Caspian Sea as Houthis attacked Saudi Aramco facilities and Iran...

Aoife Keane 👁 35 💬 0
House Again Demands End to Iran Hostilities as Senate Splits and Economic Fallout Grows
Politics

House Again Demands End to Iran Hostilities as Senate Splits and Economic Fallout Grows

The House narrowly passed a symbolic resolution to halt U.S. military operations in Iran, while the Senate blocked a com...

Sinead Brennan 👁 34 💬 0
Rubio Says Ukraine Talks Stalled but US Open to ‘New Ideas’ as Iran and China Crises Mount
Defense

Rubio Says Ukraine Talks Stalled but US Open to ‘New Ideas’ as Iran and China Crises Mount

Secretary of State Marco Rubio acknowledged past peace efforts were unsuccessful, leaving the door ajar for fresh diplom...

Doron Avidan 👁 41 💬 0
Dubai Real Estate Market Plummets After Iran Strikes — Only Seasoned Investors Remain
Real Estate

Dubai Real Estate Market Plummets After Iran Strikes — Only Seasoned Investors Remain

A once-booming market sees transaction volumes collapse by 75% as inexperienced investors flee and prices dip. Experienc...

Cormac Doyle 👁 55 💬 0
Strait of Hormuz Closure Sends Fuel Prices Soaring, Fuelling Child Malnutrition Crisis in Nigeria
Economy

Strait of Hormuz Closure Sends Fuel Prices Soaring, Fuelling Child Malnutrition Crisis in Nigeria

Iran war’s blockade of the Strait of Hormuz spiked fuel prices in Nigeria by 75% in two months, driving a surge in child...

Niamh O'Sullivan 👁 46 💬 0