Oil prices surge as Middle East tensions deepen global supply concerns
Brent crude climbed above $108 a barrel while WTI moved past $104 as markets assessed the impact of attacks on Saudi energy infrastructure and disruptions to key oil routes.
Economy
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![Oil prices surge as Middle East tensions deepen global supply concerns.]()
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![Oil prices rise above $100 as new wave of Middle East attacks threatens global supply.]()
Oil prices rise above $100 as new wave of Middle East attacks threatens global supply
Oil prices climbed above $100 a barrel on Wednesday for the first time since July, as a new wave of attacks on energy facilities and ships across the Middle East raised concerns about further disr
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Gas prices hit record Labor Day high in the US as Iran war disrupts global oil flow
Fuel costs have climbed steadily since the US and Israel struck Iran in February, with crude shipments through the Strait of Hormuz sharply reduced.
![Gas prices hit record Labor Day high in the US as Iran war disrupts global oil flow.]()
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Oil Surges Above $100 a Barrel: A New Global Economic Shock Is Taking Shape
The return of $100 oil is sending shockwaves through the global economy.
![Oil Surges Above $100 a Barrel.]()
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Iran War Pushes U.S. Inflation to Highest Level in Nearly Two Years
U.S. inflation accelerated sharply in March, reaching its highest level in almost two years, driven largely by soaring gasoline prices linked to the war with Iran.
![Iran War Pushes U.S. Inflation to Highest Level in Nearly Two Years.]()
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Argentina Lifts Currency Controls After 5 Years — New Dollar Band Set at 1,000–1,400 Pesos
![Argentina Lifts Currency Controls After 5 Years — New Dollar Band Set at 1,000–1,400 Pesos]()
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Stocks surge after Trump announces 90-day pause on tariffs but raises taxes on China
WASHINGTON, D.C. — In a surprise move aimed at easing fears of a looming global recession, President Donald Trump announced a 90-day pause on most import tariffs on Wednesday, sending U.S.
![Stocks surge after Trump announces 90-day pause on tariffs but raises taxes on China]()
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Trump’s Tariffs Trigger Global Market Turmoil and Deepen Recession Fears
The global economy was rocked this week after U.S.
![Trump’s Tariffs Trigger Global Market Turmoil and Deepen Recession Fears]()
