US stocks slip as rising oil prices and earnings uncertainty weigh on Wall Street

NEW YORK, Aug 6 – US stocks moved modestly lower Thursday as investors weighed rising oil prices, uneven corporate earnings and continuing uncertainty surrounding the conflict involving the United States and Iran. The retreat came after Wall Street began the week with a powerful rally that pushed major indexes to record levels, but the momentum … Read more

Oil prices rise 2% to one-month high as US-Iran attacks deepen supply disruption

JULY 14 – Global oil prices surged on Thursday, reaching their highest levels in about a month as renewed military confrontation between the United States and Iran intensified concerns over energy supplies moving through the Strait of Hormuz. The latest escalation has revived fears that disruptions in one of the world’s most important shipping routes … Read more

Iran warns war could spread globally if US launches new attack

WASHINGTON/TEHRAN, May 20 – Tensions between Iran and the United States are once again intensifying after President Donald Trump revealed he had nearly approved a renewed military operation against Tehran before deciding to delay action in favor of diplomacy. Iranian officials responded with some of their strongest warnings yet, suggesting that any future American strike … Read more

Trump leaves Beijing with few wins but warm words for Xi

BEIJING, May 15 – President Donald Trump wrapped up his high-profile visit to China on Friday without securing major breakthroughs on trade, Iran, or technology, despite days of carefully staged diplomacy and repeated public praise exchanged between him and Chinese President Xi Jinping. While both leaders emphasized stability and cooperation, the summit largely highlighted the … Read more

Trump says ceasefire still holds after fighting between the US and Iran intensifies

WASHINGTON, May 8 – Tensions between the US and Iran surged again after fresh military confrontations erupted around the Strait of Hormuz and parts of the Gulf region, raising fears that the fragile ceasefire announced last month could collapse. Despite the renewed fighting, U.S. President Donald Trump insisted the ceasefire remained in place and said … Read more

Asian stocks retreat and oil tops $100 despite fresh records on Wall St

HONG KONG, April 23 – Asian stock markets moved lower on Thursday, reversing early gains that had briefly pushed major indexes in Japan and South Korea to historic highs. The retreat came even as Wall Street celebrated fresh record closes a day earlier, highlighting a growing disconnect between investor optimism in the United States and … Read more

US markets pull back as Oil rises and Iran rejects Trump’s negotiation claims

NEW YORK, March 24 – A surge in optimism that lifted U.S. financial markets at the start of the week began to fade on Tuesday, as investors reassessed the reality of ongoing conflict in the Middle East. After an initial rally fueled by comments from President Trump suggesting potential diplomatic progress with Iran, markets pulled … Read more

Iran threatens Gulf energy targets after major strike on key gas field

BEIRUT/DUBAI, March 18 – A intense escalation in the Middle East conflict unfolded on Wednesday as Iran’s critical South Pars gas field came under attack, raising fears of a broader regional energy crisis and pushing global oil markets into turmoil. The strike, widely reported across regional and international media, has intensified tensions between Iran, Israel, … Read more

Iran fires on merchant ships, warns global oil could surge to $200 a barrel

TEHRAN/WASHINGTON, March 11 – Tensions across the Middle East intensified dramatically on Wednesday as Iran warned that global oil prices could soar to $200 per barrel amid escalating military conflict and growing disruption to shipping routes in the Gulf. The warning came as several commercial vessels were struck in regional waters and fears spread that … Read more

Oil markets shaken by Iran conflict, sharp price spike raises $100 a barrel fears

LONDON, March 1 – Global oil markets were jolted over the weekend as crude prices surged sharply following military strikes involving Iran, the United States, and Israel, triggering fears of a broader regional conflict and a major disruption to energy supplies. Brent crude, the international benchmark, climbed by around 10% in over-the-counter trading to roughly $80 … Read more