Explore

Global shares gain and oil falls on hopes of renewed US-Iran talks

Global shares gain and oil falls on hopes of renewed US-Iran talks

World shares are trading higher, tracking Wall Street gains, and oil prices fall as expectations rise again over a second round of talks on an end to the Iran war, which is now in its seventh week

Wall Street tacks on more gains, oil falls on hopes of renewed US-Iran talks

Wall Street tacks on more gains, oil falls on hopes of renewed US-Iran talks

Wall Street was on track to extend its rally and oil prices fell as expectations rose over a possible second round of talks between the U.S. and Iran to end their war

Oil prices jump 6% to above $100 a barrel on US blockade of Iran

Oil prices jump 6% to above $100 a barrel on US blockade of Iran

By Scott DiSavino NEW YORK, April 13 (Reuters) - Oil prices jumped about 6% to more than $100 a barrel on Monday after the U.S. military said it will blockade ships leaving Iran's ports nL6N40V09S, while Tehran threatened to retaliate against its Gulf neighbours' ports, raising fears of more energy

Wall Street tacks on more gains and crude oil falls on hopes of renewed US-Iran talks

Wall Street tacks on more gains and crude oil falls on hopes of renewed US-Iran talks

The U.S. stock market is inching closer to its all-time high and oil prices are easing as hopes continue that the global economy can avoid a worst-case scenario from the U.S.-Iran war

Asian stocks gain and oil falls on hopes of renewed US-Iran talks

Asian stocks gain and oil falls on hopes of renewed US-Iran talks

Asian stocks are trading higher, tracking Wall Street gains and oil prices fall as expectations rise again over a second round of talks on an end to the Iran war, which is now in its seventh week

Oil prices climb and global markets decline as US prepares for blockade of Iran's ports

Oil prices climb and global markets decline as US prepares for blockade of Iran's ports

Oil prices are climbing again as the U.S. military prepares to blockade Iranian ports and the Strait of Hormuz

China's exports set to lose momentum as Iran war undercuts AI-driven boom: Reuters poll

China's exports set to lose momentum as Iran war undercuts AI-driven boom: Reuters poll

BEIJING, April 13 (Reuters) - China's export engine likely slowed in March as buyers chasing an AI-fuelled future confront the hard reality of war https://www.reuters.com/world/iran/ in the Middle East, which has sparked an energy shock and revived market anxiety of past Gulf conflicts.

Iran Conflict Escalates Pressure on U.S. Food and Beverage Industry

Iran Conflict Escalates Pressure on U.S. Food and Beverage Industry

Iran Conflict Escalates Pressure on U.S. Food and Beverage Industry

OPEC Oil Output Plummets Amid Iran Conflict, Threatening Global Supply

OPEC Oil Output Plummets Amid Iran Conflict, Threatening Global Supply

OPEC's crude oil production experienced a record decline in March, dropping by nearly 8 million barrels per day due to the ongoing conflict involving Iran. The closure of the Strait of Hormuz has severely impacted exports from key OPEC members, including Iraq, Saudi Arabia, and the UAE. This disruption has led to soaring prices for oil products such as jet fuel and gasoline, posing a threat to the global economy. The conflict has resulted in the steepest production drop since the 1980s, with significant implications for global energy markets.

Goldman Sachs Warns of Copper Price Decline Amid Strait of Hormuz Disruptions

Goldman Sachs Warns of Copper Price Decline Amid Strait of Hormuz Disruptions

Goldman Sachs Warns of Copper Price Decline Amid Strait of Hormuz Disruptions

Iran Conflict Expected to Create Oil Market Deficit in 2026

Iran Conflict Expected to Create Oil Market Deficit in 2026

The ongoing conflict involving U.S. and Israeli strikes on Iran has significantly impacted global oil production, leading analysts to predict a supply deficit in 2026. The war has disrupted flows through the Strait of Hormuz, a critical passageway for global oil consumption, and has resulted in production shut-ins and attacks on energy infrastructure. Analysts expect oil market demand to outpace supply by 750,000 barrels per day on average this year, a stark contrast to previous forecasts of a surplus. The International Energy Agency reports a reduction in oil supply by around 11 million barrels per day as of March, with further disruptions anticipated.

U.S.-Iran Direct Talks in Pakistan Address Fragile Ceasefire Amid Ongoing Conflict

U.S.-Iran Direct Talks in Pakistan Address Fragile Ceasefire Amid Ongoing Conflict

The United States and Iran have commenced direct negotiations in Pakistan following a fragile ceasefire in a conflict that has resulted in significant casualties and economic disruptions. The talks, involving U.S. Vice President JD Vance and Iranian Parliament Speaker Mohammad Bagher Qalibaf, are a rare instance of high-level engagement between the two nations. The discussions aim to solidify the ceasefire, which is threatened by ongoing Israeli attacks on Hezbollah in Lebanon. Iran has set 'red lines' for the talks, including demands for compensation for damages from U.S.-Israeli strikes and the release of frozen Iranian assets. The conflict has severely impacted the Strait of Hormuz, a critical passage for global oil exports, leading to soaring energy prices.