Oil prices continued to climb on Wednesday amid fresh concerns about global supply. Reports that the United States may tighten its blockade on Iranian ports have raised fears of reduced oil exports from the region. At the same time, the United Arab Emirates’ announcement that it plans to exit OPEC has added to market uncertainty. […]
Oil surges near $120 as middle east supply fears escalate Read More »
…Ex-depot price of diesel hits N1800/litre The global oil price has soared above $126 a barrel, its highest level since 2022, sending immediate shockwaves through Nigeria’s downstream sector. The rally, fueled by escalating geopolitical tensions in the Middle East, has already triggered a spike in local prices, with the Dangote Refinery hiking diesel rates and
Nigeria braces for fuel price surge as Brent crude tests $126 Read More »
Photo: 123RF Volatile oil prices have helped clean energy KiwiSaver funds shine in the early months of this year. Morningstar has released its latest KiwiSaver survey, which shows the first quarter of this year was a tough one for KiwiSaver funds, but over a year they are still performing strongly. Conservative funds had a peer
Which are the best-performing KiwiSaver funds? Read More »
Global markets react nervously as the Strait of Hormuz becomes a focal point in a deepening standoff. Iran’s supreme leader declared Thursday that the United States had suffered a shameful defeat, defiantly rejecting a warning from President Donald Trump that an economically-punishing US naval blockade could be enforced for months to come. Oil prices hit
Iran’s supreme leader defies US blockade as oil prices soar Read More »
You don’t have permission to access “http://www.business-standard.com/markets/news/rupee-falls-0-5-pc-to-record-low-of-95-33-as-oil-price-surge-sparks-worries-126043000315_1.html” on this server. Reference #18.d603d717.1777554258.579ea77b https://errors.edgesuite.net/18.d603d717.1777554258.579ea77b https://www.business-standard.com/markets/news/rupee-falls-0-5-pc-to-record-low-of-95-33-as-oil-price-surge-sparks-worries-126043000315_1.html
Rupee falls 0.5% to record low of 95.33 as oil price surge sparks worries Read More »
Politics is fast. We’re faster. Sign up to the DC Insider newsletter for a front-row seat to American politics… and unlock 3 FREE months of DailyMail+ HERE By PHILLIP NIETO, US POLITICAL REPORTER Published: 12:59 BST, 30 April 2026 | Updated: 13:35 BST, 30 April 2026 Donald Trump may escalate the Iran war by sending
Please enable JS and disable any ad blocker https://www.nytimes.com/2026/04/30/business/oil-gas-price-iran.html
Oil Prices Hit a New Wartime High as Iran Standoff Shows No End in Sight Read More »
The Bank of Canada is expected to keep its benchmark interest rate unchanged at 2.25 percent when it announces its latest decision. The central bank will also release its updated economic outlook in its quarterly monetary policy report. Economists say the decision comes as policymakers weigh competing pressures on inflation and economic growth. Earlier forecasts
Bank of Canada set to keep interest rate unchanged as oil prices push inflation higher Read More »
Global energy markets remain under sustained pressure as continued disruption in the Strait of Hormuz keeps one of the world’s most strategically important oil transit routes unstable, despite intermittent diplomatic efforts to ease tensions. The strait, which normally carries around 20% of global oil and gas shipments, remains heavily constrained by ongoing military enforcement and
Oil price skyrockets as May’s petrol price deadline looms Read More »
The Ateela 2 Oil Tanker boat navigates the sea on April 28, 2026 on Qeshm Island, Iran in the Strait of Hormuz. Asghar Besharati | Getty Images Oil prices jumped more than 6% Wednesday, after President Donald Trump said he will maintain the U.S. naval blockade against Iran until they agreed to a nuclear deal.
