A fragile Iran-Israel ceasefire calms oil prices but markets remain on edge over Hormuz blockade, Fed rate hike bets, and depleting global inventories.
Oil prices dropped on Friday as traders bet on de-escalation after Trump offered to meet Iran's leader. Brent crude settled at $93.09, down 2.04%.
US strikes in Iran reignite volatility; oil jumps 4% as markets weigh ceasefire odds and Strait of Hormuz blockade.
European markets slipped on Tuesday as Middle East tensions and Ukraine risks offset Monday's rally, with oil prices swinging and the Stoxx 600 falling 0.6%.
Strait of Hormuz disruptions push oil prices higher, worrying bond investors about inflation. Goldman Sachs warns of $10 upside per month of delay.
Stablecoins gain traction for low-cost cross-border payments, while easing Treasury yields and falling oil prices reshape gold's opportunity cost.
Asian countries increase US oil imports amid Strait of Hormuz disruptions and Middle East export constraints. Brent crude edges up.
Iran attacks UAE's Fujairah oil hub; Brent crude jumps over 5% to $114 amid escalating Middle East tensions.
Brent Crude oil prices corrected sharply by nearly 14% to $94 per barrel in a single session, marking the week's most significant market movement as the oil premium deflates.