Oil prices surged again on Tuesday, extending the previous session’s sharp rally, as escalating conflict in the Middle East and mounting threats to energy flows through the Strait of Hormuz fueled fears of major supply disruptions. By 03:25 ET (08:25 GMT), Brent crude futures for May delivery climbed 3.7% to …
Read More »Bitcoin Rebounds but Stays Trapped Below $70,000 as Iran Tensions Cap Risk Appetite
Bitcoin edged higher on Tuesday, but remained well below the highs seen earlier in the week as escalating geopolitical tensions between the U.S. and Iran continued to dampen investor risk appetite. The world’s largest cryptocurrency was still confined to the trading range that has dominated most of February and continued …
Read More »Gold Retreats as Strong Dollar Offsets Haven Demand From Escalating Middle East Conflict
Gold prices edged lower on Tuesday, reversing earlier gains as a sharply stronger U.S. dollar capped demand, even as investors continued to assess the fallout from a widening Middle East conflict and mounting oil supply risks. Spot gold was down 0.4% at $5,303.12 an ounce by 01:24 ET (06:24 GMT), …
Read More »European Stocks Slide as Middle East Conflict Escalates, Oil Surge Deepens Market Jitters
European stocks retreated sharply on Tuesday, as the rapidly widening conflict in the Middle East crushed global risk appetite and pushed investors further toward safe-haven assets. At 03:05 ET (08:05 GMT), Germany’s DAX dropped 1.9%, France’s CAC 40 fell 1.2%, and the UK’s FTSE 100 slid 1%. Middle East escalation …
Read More »Oil Extends Surge as Hormuz Fears Intensify; Brent Near $80 After Middle East Escalation
Oil prices climbed again in Asian trading on Tuesday, extending a powerful rally after surging more than 7% in the previous session, as escalating conflict in the Middle East and mounting threats to shipping through the Strait of Hormuz kept supply disruption fears firmly in focus. As of 00:25 ET …
Read More »Bitcoin Slides to $66,000 as U.S.-Israel–Iran Conflict Triggers Global Risk-Off Wave
Bitcoin slipped toward the $66,000 level in Asian trading on Monday, pressured by a broad risk-off move across global markets after an escalating military confrontation between the U.S., Israel and Iran rattled investor sentiment. The world’s largest cryptocurrency was last down 2.1% at $66,197.6 by 06:15 GMT, after seeing sharp …
Read More »U.S. Stock Futures Plunge as U.S.-Israel Strikes on Iran Trigger Global Risk-Off Selloff
U.S. stock index futures tumbled sharply on Monday as investors rushed away from riskier assets following a dramatic escalation in the Middle East, after the United States and Israel launched large-scale air strikes against Iran. By 05:25 ET (10:25 GMT), Dow Jones Futures were down 560 points, or 1.1%, S&P …
Read More »Dollar Jumps to Five-Week High as Middle East Conflict Sparks Global Flight to Safety
The U.S. dollar surged on Monday, climbing to a five-week high as investors rushed into safe-haven assets following U.S. and Israeli military strikes on Iran, which sharply escalated geopolitical tensions in the Middle East. By 04:45 ET (09:45 GMT), the Dollar Index — which measures the greenback against a basket …
Read More »Oil Soars Nearly 10% as U.S.-Israel Strikes on Iran Ignite Fears of Major Supply Shock
Oil prices surged sharply on Monday as markets reacted to a dramatic escalation in the Middle East, with concerns mounting over potential supply disruptions after the United States and Israel launched a broad wave of attacks against Iran. By 03:35 ET (08:35 GMT), Brent crude futures jumped 9.6% to $79.78 …
Read More »European Markets Slide as Middle East Conflict Sparks Global Risk-Off Rout
European stocks fell sharply on Monday as global risk appetite deteriorated following a major escalation in the Middle East, after the United States and Israel launched widespread military strikes on Iran over the weekend. At 03:05 ET (08:05 GMT), Germany’s DAX index plunged 2.5%, France’s CAC 40 dropped 2.1%, and …
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