commentary Oil prices surge as the Trump administration shows no clear plan for the world’s most critical shipping lane Published March 15, 2026 9:00AM (EDT) President Donald Trump ( Anna Moneymaker/Getty Images) Donald Trump has made many audacious claims during his political career, and he has shown a remarkable talent for convincing people that up […]
Trump’s Strait of Hormuz problem Read More »
The Government is open to halting its plans to raise fuel duty for the first time in more than a decade should the war in the Middle East continue into the latter half of the year, Ed Miliband has hinted. The Energy Secretary insisted the Government will “stand by the British people in this crisis”
Government ‘standing by British people’ Miliband says amid fuel duty questions Read More »
SENATE President Pro Tempore Panfilo Lacson is calling for amendments to the country’s tax laws to allow the government to immediately suspend excise taxes on fuel, warning that the current system could delay relief for consumers amid rising global oil prices.Lacson said a key safeguard under the Tax Reform for Acceleration and Inclusion Law… https://www.manilatimes.net/2026/03/15/news/national/3-months-too-long-to-wait-before-cutting-fuel-taxes-lacson-says/2300120
‘3 months too long to wait before cutting fuel taxes, Lacson says Read More »
Wall Street’s losses deepened as the ongoing fallout from the war in Iran keeps pushing oil prices higher, ratcheting up inflationary pressure on the global economy Wall Street’s losses deepened as the ongoing fallout from the war in Iran keeps pushing oil prices higher, ratcheting up inflationary pressure on the global economy. After briefly easing
How major US stock indexes fared Friday 3/13/2026 Read More »
Home Market News Dow Jones Today | US Stock Market Highlights: S&P 500 falls to new low for year on Iran oil crisis, posts third-straight losing week Dow Jones Today | US Stock Market Highlights: The S&P 500 fell on Friday (March 13), while oil prices extended their gains as investors awaited further developments in
By Julianne Geiger – Mar 13, 2026, 1:02 PM CDT Bank of America is warning investors not to chase oil prices higher if crude climbs above $100 per barrel, arguing that prices at those levels tend to trigger government and central bank responses aimed at cooling the economy. The bank said oil has already been
Bank of America: Sell Oil Above $100 Read More »
Oil drilling rigs Oil markets are closely watching prices as Middle East tensions continue to threaten crude flows through the Strait of Hormuz, disrupting global supply and pushing prices higher. Brent crude closed above $100 per barrel yesterday for the first time since August 2022. During the week, prices briefly surpassed $120 per barrel. In
Poll: What’s next for oil prices? Read More »
Gold futures for April delivery edges down 0.5% to $5,100.4 per ounce Gold and silver futures fell on Friday as the US dollar strengthened, while the ongoing conflict in the Middle East kept oil prices above $100 per barrel. Gold futures for April delivery declined 0.5%, or $25.4, to $5,100.4 per ounce as of 9:30
Gold futures fall, head for 2nd weekly loss Read More »
Greater Bay Airlines announced on Friday that fuel surcharges for non-mainland services would almost double from March 18 due to higher oil prices as a result of the Middle East conflict. This came after similar moves by Cathay Pacific and Hong Kong Airlines. For flights to the Maldives, the surcharge will rise from HK$284 to
Greater Bay Airlines surcharges double from Wednesday Read More »
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