Trump: Hormuz Navigation Deal Expected Within 48 Hours as Oil Markets Await Relief
Energy

Trump: Hormuz Navigation Deal Expected Within 48 Hours as Oil Markets Await Relief

A 60-day Strait of Hormuz transit agreement could be announced as early as Wednesday, easing oil supply fears that have ...

Aoife Keane 👁 40 💬 0
Global Equities Hit Record Highs as Economic Strength and Earnings Overpower Oil Fears
Markets

Global Equities Hit Record Highs as Economic Strength and Earnings Overpower Oil Fears

The MSCI All Country World Index and European benchmarks, including Spain’s IBEX 35 above 20,000, are setting records as...

Yael Ben-David 👁 58 💬 0
CAC 40 Hits Record as Strait of Hormuz Hopes Ease Oil Fears and Lift European Markets
Markets

CAC 40 Hits Record as Strait of Hormuz Hopes Ease Oil Fears and Lift European Markets

The Paris CAC 40 and major European indices touched all-time highs on optimism over a potential accord on the Strait of ...

Yael Ben-David 👁 55 💬 0
Asian Markets Pause as Tech Rout Erases AI Rally; Oil Steady Amid Iran Peace Hopes
Markets

Asian Markets Pause as Tech Rout Erases AI Rally; Oil Steady Amid Iran Peace Hopes

Asia-Pacific shares fell sharply, led by tech stocks, after disappointing AI-linked earnings and cautious US trade. Oil ...

Yael Ben-David 👁 50 💬 0
Saudi Aramco’s Profits Leap 44% as Middle East War Tightens Global Oil Supply
Energy

Saudi Aramco’s Profits Leap 44% as Middle East War Tightens Global Oil Supply

The Saudi oil giant posted net income of 122.6 billion riyals (€28.4 billion) for Q2 2026, fueled by crude above $100 af...

Aoife Keane 👁 71 💬 0
Dollar Steadies as Tech Capex Fears and Oil Shock Reshape Market Rotation
Markets

Dollar Steadies as Tech Capex Fears and Oil Shock Reshape Market Rotation

Disappointing capex numbers from Google and Tesla and a Red Sea oil spike are driving a rotation out of tech into defens...

Yael Ben-David 👁 52 💬 0
European Shares Rally on Iran Hopes, but AstraZeneca Drags Down FTSE 100
Markets

European Shares Rally on Iran Hopes, but AstraZeneca Drags Down FTSE 100

Stoxx Europe 600 rises 0.45% as hopes grow for a US-Iran deal, while the UK's FTSE 100 slips on a 9% drop in AstraZeneca...

Yael Ben-David 👁 39 💬 0
Dow Hits Record as Wall Street Rallies on Iran De-escalation Hopes
Markets

Dow Hits Record as Wall Street Rallies on Iran De-escalation Hopes

US stocks closed sharply higher Monday after President Trump said he would hold off on strikes against Iran, sending oil...

Yael Ben-David 👁 50 💬 0
Iran War Buys BP Breathing Room but Complicates O'Neill's Turnaround
Companies

Iran War Buys BP Breathing Room but Complicates O'Neill's Turnaround

A wartime surge in oil and gas prices delivered BP its strongest quarter since 2022, but CEO Meg O'Neill still faces inv...

Declan Byrne 👁 55 💬 0
Oil Prices Rebound 1% as Iran Denies US Talks, Reviving Supply Concerns
Energy

Oil Prices Rebound 1% as Iran Denies US Talks, Reviving Supply Concerns

Brent and WTI rebound after Iran's foreign ministry denies any talks with Washington, reviving fears over Gulf shipping ...

Aoife Keane 👁 55 💬 0
Oil Prices Drop 5% as Qatar, Bessent Signal Possible US–Iran Deal on Hormuz
Energy

Oil Prices Drop 5% as Qatar, Bessent Signal Possible US–Iran Deal on Hormuz

Brent and WTI hit three-week lows after Qatari mediators and U.S. Treasury Secretary Scott Bessent raised hopes a diplom...

Aoife Keane 👁 58 💬 0
MOEX Index Dips 0.5% as Russian Shares Fail to Extend Rally
Markets

MOEX Index Dips 0.5% as Russian Shares Fail to Extend Rally

Russia's MOEX index slipped 0.53% to 2,250.75 points in early trading, as analysts flagged a volume-unconfirmed breakout...

Yael Ben-David 👁 43 💬 0
Oil Slides More Than 5% As Trump Calls Off Iran Strike
Markets

Oil Slides More Than 5% As Trump Calls Off Iran Strike

Crude futures tumbled after President Trump said he canceled a planned strike on Iran, as investors unwound geopolitical...

Yael Ben-David 👁 50 💬 0
Five Drivers Behind the Ibex 35's Strength in 2026
Markets

Five Drivers Behind the Ibex 35's Strength in 2026

Solid earnings, a heavyweight banking sector, a resilient economy, cheaper oil and share buybacks are underpinning Spain...

Yael Ben-David 👁 66 💬 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 👁 46 💬 0
Uruguay Freezes Fuel Prices in August Despite Rising Global Oil Costs
Energy

Uruguay Freezes Fuel Prices in August Despite Rising Global Oil Costs

Uruguay holds gasoline, diesel and LPG prices flat for August, absorbing higher global crude costs linked to Middle East...

Aoife Keane 👁 57 💬 0
Trump Halts Iran Strike Plan Pending Quick Deal to Reopen Strait of Hormuz
Politics

Trump Halts Iran Strike Plan Pending Quick Deal to Reopen Strait of Hormuz

Trump says the US will pause military action against Iran if a quick deal can reopen the Strait of Hormuz and end Tehran...

Sinead Brennan 👁 45 💬 0
Shale Profits Set for Strongest Quarter Since 2022 on War-Driven Oil Rally
Energy

Shale Profits Set for Strongest Quarter Since 2022 on War-Driven Oil Rally

U.S. shale producers are expected to post their strongest quarterly profits since 2022 as a war-driven crude rally boost...

Aoife Keane 👁 44 💬 0
ISM Manufacturing Index Jumps to 55.6, Its Strongest Reading Since May 2022
Economy

ISM Manufacturing Index Jumps to 55.6, Its Strongest Reading Since May 2022

The U.S. factory sector grew for a seventh straight month in July, with production surging and hiring returning for the ...

Niamh O'Sullivan 👁 56 💬 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 👁 55 💬 0
FTSE Held Back as AstraZeneca Slumps on $400bn Bristol Myers Talks
Markets

FTSE Held Back as AstraZeneca Slumps on $400bn Bristol Myers Talks

AstraZeneca's 6% slide and cheaper oil keep the FTSE behind Europe, as traders turn to US jobs reports ahead of the Fed'...

Yael Ben-David 👁 67 💬 0
Oil Prices Slide More Than 5% After Trump Holds Off on Iran Strike
Energy

Oil Prices Slide More Than 5% After Trump Holds Off on Iran Strike

Brent and WTI fell sharply on Monday as Donald Trump stepped back from a new strike on Iran to leave room for nuclear ta...

Aoife Keane 👁 55 💬 0
Oil Settles Higher and Caps Strong July as Hormuz Shipping Signals Diverge
Markets

Oil Settles Higher and Caps Strong July as Hormuz Shipping Signals Diverge

Brent settled above $90 and WTI near $85, closing out a month of steep gains, as conflicting reports about tanker moveme...

Yael Ben-David 👁 44 💬 0
Trump Says Iran Strikes Called Off, Citing 'Outlines of a Deal'
Politics

Trump Says Iran Strikes Called Off, Citing 'Outlines of a Deal'

Trump says he has paused a planned US assault on Iran and set conditions for an agreement — but Tehran and other parties...

Sinead Brennan 👁 44 💬 0
Oil Slips More Than $1 as Strait Flows Rise, Yet Heads for 20% Monthly Surge
Markets

Oil Slips More Than $1 as Strait Flows Rise, Yet Heads for 20% Monthly Surge

Brent and WTI eased on Friday as more tankers moved through Middle East chokepoints, but both benchmarks remain on track...

Yael Ben-David 👁 47 💬 0
Crude Oil Falls as Strait of Hormuz Flows Pick Up, Monthly Rally of 20% Endures
Energy

Crude Oil Falls as Strait of Hormuz Flows Pick Up, Monthly Rally of 20% Endures

Brent and WTI futures eased on Friday as tanker traffic through the Gulf chokepoint increased, but both benchmarks are s...

Aoife Keane 👁 37 💬 0
Colombian Peso Surges 38% in Second-Biggest Revaluation This Century
Economy

Colombian Peso Surges 38% in Second-Biggest Revaluation This Century

Since late 2022, the Colombian peso has strengthened 38% against the dollar, driven by a weak greenback, high oil prices...

Niamh O'Sullivan 👁 48 💬 0
Colombia’s Incoming Government Inherits Fiscal Squeeze, 6% Inflation, and a Surging Peso
Economy

Colombia’s Incoming Government Inherits Fiscal Squeeze, 6% Inflation, and a Surging Peso

As Gustavo Petro prepares to take office, stubborn inflation above 6%, a fiscal deficit nearing 7.4% of GDP, and a peso ...

Niamh O'Sullivan 👁 53 💬 0
Defensive ETFs Surge as Middle East Conflict Fuels Flight to Safety
Markets

Defensive ETFs Surge as Middle East Conflict Fuels Flight to Safety

Rising oil prices and geopolitical risk have driven investors into dividend, utility, consumer staples and gold ETFs. Em...

Yael Ben-David 👁 110 💬 0
Brent Crude Dips to $87.33 on Signs of Uninterrupted Gulf Oil Supply
Markets

Brent Crude Dips to $87.33 on Signs of Uninterrupted Gulf Oil Supply

Brent crude fell 1.9% to $87.33 as rising tanker movements through the Strait of Hormuz and a Saudi-led maritime defense...

Yael Ben-David 👁 46 💬 0