West Texas Intermediate futures on NYMEX, exhibit a sluggish performance slightly above the two-week low of $63.73 from Wednesday. The benchmark WTI crude oil trades cautiously near its immediate lows on persistent
Financial markets are showing a deeply concerning level of complacency towards escalating geopolitical risks following new intelligence suggesting the US airstrikes on Iran’s nuclear sites were far from decisive, the chief executive
The euro-dollar currency pair extended its gains for the fourth straight day on Tuesday, up by 0.39%, even though EURUSD trades off the yearly highs of 1.1641, driven by US dollar weakness
In Europe, the price of gas at TTF rose to €41.5/MWh, a 17% increase since the Israel-Iran conflict started. Otherwise, Europe has in effect been left on the sidelines in the latest
The risk of an attack on the British bases in Cyprus because of the conflict between Israel and Iran, as well as cuts to UN mission budgets, have led to an increase
West Texas Intermediate (WTI) extended the previous day’s sharp retracement slide from $76.75, or a five-month peak, and attracted follow-through selling for the second straight day on Tuesday. The US benchmark crude
The EU proposal to ban Russian gas is set for heated negotiations. Some EU member states are nervous it will boost energy prices and cost companies millions of euros in legal fees.
The financial markets’ reaction to intensifying US-Iran tensions has revealed a sharp erosion of the US dollar’s safe haven status, as investors eye Tehran’s next move, warned Nigel Green, CEO of leading
Markets turned risk-averse at the beginning of the week as geopolitical tensions in the Middle East escalate further following the US bombing of several Iranian nuclear sites over the weekend. Preliminary June
The Israel-Iran war has been at the centre of world attention for the past few weeks, with Donald Trump demanding Tehran’s ‘complete surrender’ by June 17, after which he ordered the bombing
