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Asian stocks drop after Fed warning, oil dips with Mideast in focus

Asian stocks drop after Fed warning, oil dips with Mideast in focus

Hong Kong stocks led losses in Asian markets. Photo: Bertha WANG / AFP Source: AFP Asian stocks fell Thursday after the Federal Reserve warned Donald Trump’s trade war would likely reignite US inflation and dampen economic growth, while oil prices edged down as investors awaited developments in the Israel-Iran conflict. While geopolitical tensions are the

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Fears conflict in the Middle East will send petrol, diesel and home-heating oil prices soaring

Fears conflict in the Middle East will send petrol, diesel and home-heating oil prices soaring

The Israeli attacks on Iran have prompted fears that petrol, diesel and home-heating oil prices will shoot up. Petrol and diesel prices have been rising for days, and there has also been a surge in the cost of home-heating oil. The price of 1,000 litres of heating oil has risen by €25 in the past

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Oil Prices Surge as Israel and Iran Target Each Other’s Energy Infrastructure

Oil Prices Surge as Israel and Iran Target Each Other’s Energy Infrastructure

Tom Kool Tom majored in International Business at Amsterdam’s Higher School of Economics, he is Oilprice.com’s Head of Operations More Info By Tom Kool – Jun 15, 2025, 5:30 PM CDT Brent crude futures opened more than 4% higher on Sunday evening, trading above $77 per barrel, as tensions between Iran and Israel erupted into

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Israel’s attacks on Iran are already hurting global oil prices, and the impact is set to worsen

Israel’s attacks on Iran are already hurting global oil prices, and the impact is set to worsen

The weekend attacks on Iran’s oil facilities – widely seen as part of escalating hostilities between Israel and Iran – represent a dangerous moment for global energy security. While the physical damage to Iran’s production facilities is still being assessed, the broader strategic implications are already rippling through global oil markets. There is widespread concern

Israel’s attacks on Iran are already hurting global oil prices, and the impact is set to worsen Read More »

Oil prices jump and Dow plummets 1.8% after Israel’s attack on Iran stokes fears of wider war

Oil prices jump and Dow plummets 1.8% after Israel’s attack on Iran stokes fears of wider war

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Oil prices jump and Dow plummets 1.8% after Israel’s attack on Iran stokes fears of wider war Read More »