Stocks slide and oil prices climb
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Energy Minister Saad al-Kaabi says energy prices for everyone will rise if the Iran war continues.
55mon MSN
Dow falls by nearly 700 points as surging oil prices and weak jobs data add to market anxiety
US stocks opened lower Friday, with the major indexes on track for weekly losses, as weaker-than-expected jobs data added to concerns rippling through markets.
11hon MSN
U.S. offers India a 30-day waiver for buying Russian oil as Iran war deepens energy supply worries
U.S. has given India a waiver to buy Russian oil for 30 days as conflict in Middle East impacts global energy supply.
March 6 (Reuters) - Russian flagship Urals oil is selling at a premium to the Brent international benchmark at delivery in Indian ports for the first time ever, fuelled by rising demand due to the Iran war,
Gas and home heating oil prices are on the rise as energy infrastructure falls victim to the escalating Iran war.
Oil fell for the first time in six days as the U.S. government mooted interventions in the futures market and waived Indian purchases of Russian crude.
Crude oil prices rose as escalating U.S.–Israel strikes on Iran and the closure of the Strait of Hormuz increased supply risks, pushing Brent oil above $83 and Brent oil above $75 while technical signals point toward a potential move to $100.