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Chris Price and Joe Wright March 16, 2026 — 6:35pm The Trump administration is considering intervening in oil markets to push down prices despite warnings that it would risk a “biblical disaster”. Doug Burgum, the US interior secretary, said officials had discussed trading in the so-called futures markets after war in Iran put the price
‘Biblical disaster’: Trump plots a radical move to control oil prices Read More »
v(mjhr7bec3a4(6qi]ff8ol2_media_dl_3.png Bloomberg Article content (Bloomberg) — Japan’s equity rally built on strong corporate earnings is beginning to look vulnerable as the escalating conflict in Iran pushes crude oil prices higher, stoking concern that rising energy costs could erode profits. THIS CONTENT IS RESERVED FOR SUBSCRIBERS ONLY Subscribe now to read the latest news in your
Japan Stocks Face Earnings Risk as Iran Conflict Lifts Oil Costs Read More »
uac)e1c0bsrf7rt4aqik8919_media_dl_1.png Bloomberg Article content (Bloomberg) — Yields on China’s 30-year bonds were headed for the highest close since September 2024 as rising oil prices fueled by the war in Iran stoked inflation concern. THIS CONTENT IS RESERVED FOR SUBSCRIBERS ONLY Subscribe now to read the latest news in your city and across Canada. Exclusive articles
China’s 30-Year Yields Set for Highest Close Since 2024 on Oil Read More »
Oil prices rose over $3 per barrel Sunday in the first major trading since President Trump’s threat to strike Iran’s main oil export hub unless the regime allows tankers through the Strait of Hormuz.Why it matters: The climb shortly after the markets’ opening signals that traders see no major near-term market loosening or end to
Oil prices climb despite Trump moves to temper market Read More »
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The Petroleum Products Retail Outlets Owners Association of Nigeria (PETROAN) has urged the Federal Government to channel gains from the current surge in global oil prices into investments in Nigeria’s gas infrastructure. The post PETROAN urges FG to invest oil price gains in gas infrastructure appeared first on Nairametrics… https://nairametrics.com/2026/03/15/petroan-urges-fg-to-invest-oil-price-gains-in-gas-infrastructure/
PETROAN urges FG to invest oil price gains in gas infrastructure Read More »
An economist, Chijioke Ekechukwu, says Nigeria could have recorded a major economic windfall from the current surge in global crude oil prices if its production had been operating at full capacity. Mr Ekechukwu, the group managing director/chief executive officer of Bristol Investment Limited, said this in an interview with journalists in Abuja on Sunday, while
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 »
