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Oil slides 5% as Iran reportedly signals halt to attacks if U.S. pause holds

Oil slides 5% as Iran reportedly signals halt to attacks if U.S. pause holds

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Oil tankers and cargo vessels remain anchored off Port Sultan Qaboos on June 21, 2026 in Muscat, Oman. Elke Scholiers | Getty Images Oil prices fell after Iran reportedly said it would suspend attacks as long as a U.S. pause in hostilities remains in place, easing concerns over nearly two weeks of escalating conflict.  International […]

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Singapore tightens monetary policy in surprise move as rising oil prices rekindle inflation risk

Singapore tightens monetary policy in surprise move as rising oil prices rekindle inflation risk

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Commercial buildings illuminated at dusk in Singapore, on Monday, Feb. 2, 2026. Photographer: SeongJoon Cho/Bloomberg via Getty Images Bloomberg | Bloomberg | Getty Images Singapore on Monday unexpectedly tightened its monetary policy for a second consecutive time, moving preemptively against a renewed oil price surge even as inflation at home stays subdued. The Monetary Authority

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Bank of England to hold interest rates as oil price surge threatens UK economy

Bank of England to hold interest rates as oil price surge threatens UK economy

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Sunday 26 July 2026 10:29 am  |   Updated:  Sunday 26 July 2026 10:30 am The Bank of England is set to hold interest rates. The Bank of England is expected to hold interest rates in a split vote on Thursday yet a surge in oil prices could complicate the crucial decision.  The Bank’s Monetary Policy

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Top 5 Trump News That Moved Markets This Week

Top 5 Trump News That Moved Markets This Week

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Donald Trump’s threats against Iran and a new wave of tariffs dominated financial markets between July 19 and July 25. Oil prices climbed as geopolitical risks increased. Meanwhile, trade measures targeting dozens of economies raised fresh concerns about inflation, corporate costs and interest rates. Here are the five Trump developments that mattered most for markets

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When Will the Strait of Hormuz Open for Good? Analyst Gives Timeline

When Will the Strait of Hormuz Open for Good? Analyst Gives Timeline

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Kpler has pushed its expectation for a reopening of the Strait of Hormuz into 2027, raising the risk of sustained higher oil prices. Matt Smith, Kpler’s director of commodity research, gave the revised timeline on CNBC. He said there is no endgame in sight after five months of conflict… https://beincrypto.com/kpler-hormuz-reopening-timeline-oil/

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Experts blame deregulation, global oil prices as petrol hits N1,400/litre

Experts blame deregulation, global oil prices as petrol hits N1,400/litre

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The increase in the pump price of Premium Motor Spirit (PMS), also known as petrol, to as high as N1,400 per litre has sparked concerns among industry experts, who warn that the development will further deepen the economic hardship facing Nigerians. Speaking on the latest price hike, an energy law expert at the University of

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Stocks rise on Wall Street while crude oil prices fall for the first time in a week

Stocks rise on Wall Street while crude oil prices fall for the first time in a week

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NEW YORK — Stocks gained ground Friday as oil prices slipped for the first time in a week, but Wall Street is still heading for a losing week. The S&P 500 rose 0.4%. The index is still on track for its second consecutive losing week, which hasn’t happened since March. The Dow Jones Industrial Average

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