Pentagon Recategorizes Iran War Casualties as Oil Drops 5%, US Strikes Halt, and Regional Tensions Persist
Politics

Pentagon Recategorizes Iran War Casualties as Oil Drops 5%, US Strikes Halt, and Regional Tensions Persist

The US Defense Department removed four soldier deaths from its official Iran conflict tally, creating a separate 'Overse...

Sinead Brennan 👁 36 💬 0
Oil above $100 and hawkish FOMC dissent set stage for Warsh's 'family feud'
Economy

Oil above $100 and hawkish FOMC dissent set stage for Warsh's 'family feud'

A surge in oil prices and chip-driven consumer costs puts the Fed on the spot this week, with economists expecting at le...

Niamh O'Sullivan 👁 37 💬 0
Gold Edges Up on Dollar Weakness as Markets Weigh Middle East Pause and Fed Outlook
Markets

Gold Edges Up on Dollar Weakness as Markets Weigh Middle East Pause and Fed Outlook

Spot gold rose 1% to $4,094.50 on Monday, supported by a softer U.S. dollar, while a halt to U.S.-Iran hostilities eased...

Yael Ben-David 👁 44 💬 0
Oil Prices Plunge as Trump Halts Iran Strikes and Hormuz Deal Nears
Energy

Oil Prices Plunge as Trump Halts Iran Strikes and Hormuz Deal Nears

Brent crude drops 6% to $86.8, European gas sheds 7.8% after reports that Oman-mediated talks could reopen the Strait of...

Aoife Keane 👁 61 💬 0
Crude Oil Slides 7% as US-Iran Strikes Pause, Brent Dips Below $90
Markets

Crude Oil Slides 7% as US-Iran Strikes Pause, Brent Dips Below $90

Oil prices fell sharply in early Asian trading after the US and Iran halted attacks, with Brent briefly trading below $9...

Yael Ben-David 👁 38 💬 0
Wall Street Futures Climb as US-Iran Pause Boosts Risk Appetite, Oil Slides Ahead of Fed
Markets

Wall Street Futures Climb as US-Iran Pause Boosts Risk Appetite, Oil Slides Ahead of Fed

A halt in US-Iran strikes sends Dow and Nasdaq futures sharply higher while crude prices shed 5%, but a Fed rate decisio...

Yael Ben-David 👁 44 💬 0
104 Economists Bet on a Hold, But Traders See a 36% Chance the Fed Hikes This Week
Economy

104 Economists Bet on a Hold, But Traders See a 36% Chance the Fed Hikes This Week

As the Fed meets with rates at a 3-year pause, the consensus of 104 economists is for no change. Yet bond and futures ma...

Niamh O'Sullivan 👁 40 💬 0
Fitch: Omani Banks Can Weather Iran Conflict After Sovereign Upgrade
Companies

Fitch: Omani Banks Can Weather Iran Conflict After Sovereign Upgrade

Fitch Ratings says Omani lenders are the Gulf’s least exposed to the Iran conflict, with higher oil prices, Vision 2040 ...

Declan Byrne 👁 31 💬 0
Fed Set to Hold Rates as Oil Spike Fails to Sway Majority, Citi Predicts Dovish Signal
Economy

Fed Set to Hold Rates as Oil Spike Fails to Sway Majority, Citi Predicts Dovish Signal

Markets price a 30% chance of a July hike on oil-driven inflation fears, but Citi sees a steady hand as cooling core pri...

Niamh O'Sullivan 👁 41 💬 0
Barclays Warns Earnings and Central Banks Will Set Market Tone as Oil Hits $100
Markets

Barclays Warns Earnings and Central Banks Will Set Market Tone as Oil Hits $100

Barclays says strong Q2 results have supported equities but rising oil, bond yields and AI spending doubts are creating ...

Yael Ben-David 👁 48 💬 0
Oil-Driven Tax Surge Narrows Brazil’s Primary Deficit but Fails to Convince Markets
Economy

Oil-Driven Tax Surge Narrows Brazil’s Primary Deficit but Fails to Convince Markets

Higher corporate tax receipts from oil gains linked to Middle East tension helped shrink the projected raw primary defic...

Niamh O'Sullivan 👁 44 💬 0
Gold and Silver Brace for Fed, Oil Swings and Iran Risk in Pivotal Trading Week
Markets

Gold and Silver Brace for Fed, Oil Swings and Iran Risk in Pivotal Trading Week

Precious metals face a pivotal week with a Federal Reserve rate decision, US-Iran tensions, and oil price moves likely t...

Yael Ben-David 👁 43 💬 0
BoE Expected to Hold Rates at 3.75% as Oil Spikes Above $100
Economy

BoE Expected to Hold Rates at 3.75% as Oil Spikes Above $100

Economists predict a 7-2 vote to keep UK interest rates on hold next week, but a surge in oil prices driven by Middle Ea...

Niamh O'Sullivan 👁 38 💬 0
Airstrikes Pause as US and Iran Weigh Diplomatic Off-Ramp Amid Strait of Hormuz Crisis
Energy

Airstrikes Pause as US and Iran Weigh Diplomatic Off-Ramp Amid Strait of Hormuz Crisis

After nearly two weeks of US bombing, a pause in airstrikes and intensifying talks raise hopes for de-escalation—but con...

Aoife Keane 👁 41 💬 0
Pause in US-Iran Fighting Fuels Hope for Talks, but Path to De-escalation Remains Uncertain
Politics

Pause in US-Iran Fighting Fuels Hope for Talks, but Path to De-escalation Remains Uncertain

After nearly two weeks of intensifying bombing, the US has halted airstrikes on Iran while diplomatic efforts seek to av...

Sinead Brennan 👁 62 💬 0
Federal Reserve Set to Hold Rates as Oil Spike and Trump Pressure Test New Chair
Economy

Federal Reserve Set to Hold Rates as Oil Spike and Trump Pressure Test New Chair

The US Federal Reserve is expected to leave rates unchanged for a fifth straight meeting, but geopolitical tensions and ...

Niamh O'Sullivan 👁 39 💬 0
Oil Surge Past $100, Geopolitical Risks Trigger Global Market Rout, Stoke Inflation Angst
Markets

Oil Surge Past $100, Geopolitical Risks Trigger Global Market Rout, Stoke Inflation Angst

Brent crude tops $100 amid Strait of Hormuz threats and Red Sea attacks, reviving inflation fears and delaying rate-cut ...

Yael Ben-David 👁 37 💬 0
Dow Gains as Crude Slide Offsets Chip Weakness; Nasdaq Slips
Markets

Dow Gains as Crude Slide Offsets Chip Weakness; Nasdaq Slips

A sharp drop in oil prices eased bond yields and lifted industrial shares, but a semiconductor rout led by Intel left th...

Yael Ben-David 👁 38 💬 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
Oil Tops $100 as Explosions Rock US Base in Iraq and Strikes Hit Iran
Energy

Oil Tops $100 as Explosions Rock US Base in Iraq and Strikes Hit Iran

A fresh wave of explosions near a US base in Irbil and escalating US strikes across Iran pushed Brent crude past the $10...

Aoife Keane 👁 41 💬 0
Brent Crude Surge to $100 Sends Asian Stocks Lower, Tech Rout Deepens
Markets

Brent Crude Surge to $100 Sends Asian Stocks Lower, Tech Rout Deepens

Asian markets tumbled on Friday as Brent crude hit its highest since May and renewed Middle East fighting threatened glo...

Yael Ben-David 👁 34 💬 0
US Stocks Tumble as Oil Tops $100, Tech Sells Off on Alphabet and Tesla Warnings
Markets

US Stocks Tumble as Oil Tops $100, Tech Sells Off on Alphabet and Tesla Warnings

A triple blow of surging oil prices, rising bond yields, and disappointing signals from Alphabet and Tesla sent the S&P ...

Yael Ben-David 👁 51 💬 0
Ibex 35 Holds Just Above 19,500 Points as Earnings and Oil Surge Dictate Direction
Markets

Ibex 35 Holds Just Above 19,500 Points as Earnings and Oil Surge Dictate Direction

Spanish equities struggled for direction on Wednesday as a fresh spike in crude prices and a mixed bag of second-quarter...

Yael Ben-David 👁 39 💬 0
Oil Prices Soar to Six-Week High as Iran and Houthis Threaten Key Shipping Lanes
Energy

Oil Prices Soar to Six-Week High as Iran and Houthis Threaten Key Shipping Lanes

Brent crude jumped to $96.27 after Iran claimed to mine the Strait of Hormuz and Houthi rebels blockaded Saudi oil in th...

Aoife Keane 👁 37 💬 0
Iran Warns of Retaliation Against U.S. and Allies, Threatening Hormuz Oil Blockade
Politics

Iran Warns of Retaliation Against U.S. and Allies, Threatening Hormuz Oil Blockade

Tehran vows an 'eye for an eye' military response to any new American attacks, extending threats to countries that provi...

Sinead Brennan 👁 40 💬 0
Argentine Stocks Rise for Fourth Day as Moody’s Upgrade Fuels Rally
Markets

Argentine Stocks Rise for Fourth Day as Moody’s Upgrade Fuels Rally

The S&P Merval gains 1.3% and dollar-denominated ADRs climb after Moody’s lifted Argentina’s sovereign rating. Energy st...

Yael Ben-David 👁 54 💬 0
Equinor's Quarterly Profit Hits $11.5 Billion as Iran War Sends Oil Prices Soaring
Companies

Equinor's Quarterly Profit Hits $11.5 Billion as Iran War Sends Oil Prices Soaring

Norway's state-controlled energy giant saw adjusted earnings nearly double, capitalizing on the closure of the Strait of...

Declan Byrne 👁 37 💬 0
Brent Hits $95 as Dual-Strait Crisis Shakes Oil Trade Routes
Energy

Brent Hits $95 as Dual-Strait Crisis Shakes Oil Trade Routes

Brent crude surged 4.2% to nearly $95 a barrel after U.S. strikes on Iran and Houthi threats against Saudi shipments rai...

Aoife Keane 👁 38 💬 0
Asian Equities Mixed as Oil Surge Rekindles Inflation Fear; AI Rally Lifts Wall Street
Markets

Asian Equities Mixed as Oil Surge Rekindles Inflation Fear; AI Rally Lifts Wall Street

Asian stock markets ended divided on Wednesday, with Japan and Hong Kong falling while Korea and Australia gained, as a ...

Yael Ben-David 👁 52 💬 0
Pentagon Says US War in Iran Has Cost $37.5 Billion as Oil Shipping Faces Houthi Blockade Threat
Energy

Pentagon Says US War in Iran Has Cost $37.5 Billion as Oil Shipping Faces Houthi Blockade Threat

Rising war costs and a Houthi naval blockade are disrupting tanker traffic through the Strait of Hormuz, putting oil pri...

Aoife Keane 👁 47 💬 0