U.S. President Donald Trump talks to reporters upon his arrival at Morristown Municipal Airport in Morristown, New Jersey, U.S., June 20, 2025. Ken Cedeno | Reuters President Donald Trump on Monday demanded that “everyone” keep oil prices down or they would play “into the hands of the enemy,” as the conflict in the Middle East […]
President Donald Trump on Monday issued a sharp warning to global actors to keep oil prices down as tensions escalate with Iran read more President Donald Trump on Monday issued a sharp warning to global actors to keep oil prices down as tensions escalate with Iran. Taking to Truth Social, he said, “EVERYONE, KEEP OIL
What if the largest threat to global markets is not an oil price shock, but a prolonged conflict leading to a deeper US involvement in the war effort, with ultimate implications for defense spend and thereby for the fiscal outlook, TDS’ Senior Commodity Strategist Daniel Ghali notes. Markets face deeper risk from US war involvement “Gold remains the lowest-risk
Gold shines amid fiscal fog and geopolitical shadows – TDS Read More »
U.S. oil prices retreated from weekly highs as markets assessed the potential for a reprieve in Middle East turmoil following a week of escalating tensions. The U.S. crude oil price benchmark, West Texas Intermediate, fell 8% to less than $68 a barrel, the lowest level since last week. The global Brent crude price benchmark likewise
Oil prices show muted gains as world awaits Iranian response to U.S. strikes Read More »
Commuters wait for jeepneys along United Nations Avenue in Manila on June19, 2025. The STAR / Ryan Baldemor MANILA, Philippines (2nd update, 6:52 p.m.) — Oil companies have begun rolling out staggered price hikes starting June 24, following the Department of Energy’s (DOE) call to ease the impact of a looming P5-per-liter increase on consumers. The
Staggered increases: Oil price hikes set for June 24, 26, 27 Read More »
With US strikes hitting Tehran and threats swirling around the Strait of Hormuz, investors are weighing geopolitics against portfolio stability and the potential for soaring oil prices. Strike One: Oil Spikes and Stocks Sputter The US launched precision strikes on three Iranian nuclear facilities late June 21, prompting a knee‑jerk lift in oil. Brent jumped
US Strikes Iran: Oil Surges, Markets Brace for Fallout Read More »
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Home » Markets » Bitcoin crashes as Iranian Parliament approval of Hormuz Strait closure threatens oil disruption, stokes global inflation The decision still requires approval from Iran’s Supreme National Security Council and ultimate authorization by Supreme Leader Ayatollah Ali Khamenei. Photo: AI/ Crypto Briefing Key Takeaways Bitcoin price dropped as Iran’s Parliament approved the closure
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Israel-Iran war, oil prices likely to be key factors for markets this week Read More »
