Surging oil prices linked to the Middle East conflict are exposing South Africa’s dependence on imported fuel, raising concerns about reserves, inflation and economic growth South Africa’s vulnerability to global energy shocks is coming into sharper focus as the escalating conflict involving Iran, Israel and the United States pushes oil prices above $100 a barrel, […]
SA exposed as Middle East conflict pushes oil above $100 Read More »
We use cookies and data to Deliver and maintain Google services Track outages and protect against spam, fraud, and abuse Measure audience engagement and site statistics to understand how our services are used and enhance the quality of those services If you choose to “Accept all,” we will also use cookies and data to Develop
Stock Market Today: Oil Price Slides; Dow Futures Inch Lower — Live Updates Read More »
Oil prices would need to stay high for years — not weeks or months — to drive a lasting shift away from the fossil fuel.The big picture: Every time oil spikes, the same question surfaces: Will this push more people into electric cars or install solar panels onto rooftops?State of play: That’s happening again following
Why oil price spikes (probably) won’t spur shift away from oil Read More »
Trading steadied early Tuesday and crude prices eased after wild swings this week with investors trying to figure out how long the war with Iran will continue. Futures for the Dow Jones Industrial Average rose 0.2% before the opening bell, while S&P 500 futures inched up 0.1%. Futures for the Nasdaq were up 0.2%. On
Asian shares surge, echoing rally on Wall Street as oil prices sank back to about $90 Read More »
Donald Trump’s war in the Middle East has left Britain on the brink of a new cost of living crisis as petrol, energy and mortgage bills rise. As oil prices soared close to $120 (£95) a barrel yesterday – before later slipping back below $90 – fears grew that beleaguered British households will pay a hefty
Please enable JS and disable any ad blocker https://www.marketwatch.com/story/trump-announces-sanctions-relief-to-ease-oil-prices-says-iran-war-to-end-very-soon-ab0ee595?mod=mw_rss_topstories
Trump announces sanctions relief to ease oil prices, says Iran war to end ‘very soon’ Read More »
By Josh Owens – Mar 09, 2026, 9:26 PM CDT Oil prices tumbled in early Asian trade on Tuesday after surging to their highest levels since 2022 a day earlier. The drop was driven by comments from Trump that suggested the war with Iran may soon end, easing concerns about prolonged disruptions to global crude
Oil Prices Tumble After Trump Signals Iran War Could End Soon Read More »
Home Market News Dow Jones recovers 1,100 points from the lows to end higher; Oil falls on Trump war remarks Trump’s remarks triggered a fall in oil prices, which had surged as much as 27% on Monday. Brent now trades below the mark of $90 a barrel, nearly giving up everything that it gained on
Commentary Two pipelines owned by Saudi Arabia and United Arab Emirates may serve as temporary cushions and slow, though not stop, rising oil prices, says Javier Blas for Bloomberg Opinion. A map showing the Strait of Hormuz and Iran is seen behind a 3D printed oil pipeline in this illustration taken June 22, 2025. REUTERS/Dado Ruvic/Illustration
Commentary: The oil pipelines that could decide the Iran war Read More »
Economist Shamubeel Eaqub said there would be a wider inflation effect for New Zealand, beyond the increase in petrol prices that has already begun. Photo: Screengrab / Facebook New Zealand’s economy is on a “precipice”, one economist says, as the country faces increasing pressure as a result of war in Iran. The price of oil
NZ economy ‘on precipice’ as markets wobble, oil price rises Read More »
