Iran war-hit oil prices will soon rise if Hormuz stays shut
The clock is ticking on the U.S.-Israeli war in Iran. The emerging view from oil industry executives and analysts…
Trump calls Strait of Hormuz the ‘Strait of Trump’
President Donald Trump speaks during the Future Investment Initiative Summit in Miami, March 27, 2026. Mandel Ngan |…
Asia markets live updates today: March 23
Iranian Shia women shout slogans during Eid al-Fitr prayers, marking the end of the Muslim holy month of…
Strait of Hormuz must remain closed
Iran’s new Supreme Leader Mojtaba Khamenei. Morteza Nikoubazl | Nurphoto | Getty Images Iran’s new Supreme Leader Mojtaba…
Oil extends slide as investors assess Trump comments on Iran war
Oil prices surged about 20% on Monday as the U.S.-Israeli war with Iran continued, raising fears of prolonged disruptions to…
Nikkei 225, Kospi, Hang Seng Index
A currency dealer monitors exchange rates in front of a big screen showing South Korea’s benchmark stock index…
South Korea’s Kospi sinks, triggering circuit breaker amid broader Asia market rout
Fire breaks out at the Shahran oil depot after U.S. and Israeli attacks, leaving numerous fuel tankers and…
Oil surges above $100 a barrel; Trump says ‘small price to pay’ for defeating Iran
Crude oil prices surged above $100 per barrel on Sunday, after major Middle East producers cut output because…
Kuwait cuts oil production due to Strait of Hormuz closure
Kuwait said Saturday that it has cut oil production and refining output because tankers cannot transit the Persian…
Asia markets mixed as Iran conflict sends oil prices soaring
Smoke rises from an Israeli strike targeting the southern suburbs on March 5, 2026 in Beirut, Lebanon. Daniel…
U.S. crude oil jumps after Iran says it attacked a tanker
U.S. crude oil prices on Thursday topped $80 per barrel as the escalating Iran war disrupts global fuel…
Middle East conflict puts central banks on edge as oil shock fears mount
Pedestrians look out across the city skyline as they walk along the Tabiat bridge in Tehran, Iran, on…