Inflation drops back by more than forecast as energy offsets Iran war fuel hit
Inflation fell back to its lowest level for more than a year last month as a drop in…
Virgin Australia flags higher fuel costs, adjusts airfares on Mideast war impact
April 15 (Reuters) – Virgin Australia on Wednesday forecast higher fuel costs and said it has adjusted airfares…
Oil prices surge as hopes fade for swift end to Iran conflict
Oil prices have risen again to remain firmly at levels not seen since 2022 amid waning hopes of…
Qantas hikes fares on international routes as fuel costs surge on Mideast conflict
March 10 (Reuters) – Qantas Airways said on Tuesday it would hike fares on its international routes this…
European Stocks Fall as Oil Price Surge Stokes Inflation Fears
(Bloomberg) — European stocks dropped for a third day as intensifying conflict in the Middle East sent oil…
Stock markets tumble as oil prices surge in biggest weekly gain since 2020
Global stock markets have continued to take a hammering as oil prices rocketed in their biggest weekly gain…
Oil prices surge, cross $80 after US-Iran conflict engulfs Middle East, Strait of Hormuz
Oil futures surged upward on Sunday evening as traders price in the first open market session after the…