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Shippers seek clarity on Hormuz reopening after US-Iran ceasefire deal

Shippers seek clarity on Hormuz reopening after US-Iran ceasefire deal

By Jeslyn Lerh SINGAPORE, April 8 (Reuters) - Shippers looking to revive the passage of tankers through the Strait of Hormuz were seeking clarity on the logistics, while refiners inquired about new crude loadings on Wednesday, in response to a ceasefire deal between the U.S. and Iran.

IATA chief says jet fuel supply could take months to recover after Hormuz reopening

IATA chief says jet fuel supply could take months to recover after Hormuz reopening

SINGAPORE, April 8 (Reuters) - The head of a body representing global airlines said on Wednesday that even if Iran reopened the Strait of Hormuz it would take months for jet fuel supply to recover given disruptions to Middle East refining capacity. Oil fell below $100 per barrel after U.S.

Dollar kept aloft as another Trump deadline looms

Dollar kept aloft as another Trump deadline looms

SINGAPORE, April 7 (Reuters) - The dollar stood just shy of recent highs on Tuesday as traders counted down to a U.S.-imposed deadline for Iran to open the Persian Gulf to shipping or face attacks on its infrastructure.

From falling U.S. wealth to Indian factory closures, oil shock raises global recession risk

From falling U.S. wealth to Indian factory closures, oil shock raises global recession risk

By Howard Schneider, Timothy Aeppel, Sarah McFarlane and Sumit Khanna SAN FRANCISCO/AHMEDABAD, India, April 7 (Reuters) - Kevin Kelly is in a tough spot.

Seeking signals from the noise

Seeking signals from the noise

By Jamie McGeever ORLANDO, Florida, April 6 (Reuters) - Wall Street and the Asian stock markets that were open ticked higher on Easter Monday, as investors shrugged off another rise in oil prices and more belligerent rhetoric from U.S.

Oil prices extend gains as Trump sharpens rhetoric on Iran

Oil prices extend gains as Trump sharpens rhetoric on Iran

By Anmol Choubey BENGALURU, April 7 (Reuters) - Oil prices extended gains on Tuesday as U.S. President Donald Trump heightened his rhetoric against Iran, threatening stronger action if the country fails to reopen the Strait of Hormuz, a key global oil transit chokepoint.

Physical oil prices hit record highs near $150 a barrel as Hormuz crisis worsens

Physical oil prices hit record highs near $150 a barrel as Hormuz crisis worsens

By Alex Lawler LONDON, April 7 - European and Asian refiners are paying record high prices of near $150 a barrel for some crude oil grades, far exceeding prices for paper futures, highlighting the worsening supply crisis from the U.S.-Israel war with Iran.

Central banks' concern over rising geopolitical tensions surges, survey shows

Central banks' concern over rising geopolitical tensions surges, survey shows

By Marc Jones LONDON, April 8 (Reuters) - Concerns among central banks about geopolitical tensions have surged dramatically this year and are now viewed as the top global risk, according to a new survey of central banks managing more than $9.5 trillion in reserves.

Analysis-Hormuz closure divides the fortunes of Middle Eastern oil states

Analysis-Hormuz closure divides the fortunes of Middle Eastern oil states

By Ahmad Ghaddar and Yousef Saba LONDON, April 6 (Reuters) - The Strait of Hormuz's closure and the resulting surge in global oil prices have handed financial windfalls to Iran, Oman and Saudi Arabia, while other states that lack alternative shipment routes have lost billions of dollars, a Reuters

Trump's trade war with China in focus ahead of May summit

Trump's trade war with China in focus ahead of May summit

By Liz Lee BEIJING, April 6 (Reuters) - U.S. President Donald Trump is due to meet Chinese President Xi Jinping in May during his first visit to China in eight years, a closely watched trip that comes just a year after Washington rolled out sweeping and at times erratic global tariffs.

JPMorgan's Dimon warns Iran war may drive inflation and interest rates higher

JPMorgan's Dimon warns Iran war may drive inflation and interest rates higher

By Saeed Azhar NEW YORK, April 6 (Reuters) - JPMorgan Chase CEO Jamie Dimon warned on Monday that the war in Iran risks oil and commodity price shocks that could keep inflation sticky and push interest rates higher than the market now expects.

Global equity funds draw second weekly inflow amid war de-escalation hopes

Global equity funds draw second weekly inflow amid war de-escalation hopes

April 6 (Reuters) - Investors bought global equity funds worth a net $15.02 billion in the March 26-April 1 period, logging a second straight week of inflows, on hopes that the U.S.-Israeli war with Iran could soon de-escalate.