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US import prices increase below expectations; sharp rise anticipated due to Iran war
U.S. import prices rose 0.8% in March, less than expected, signaling ongoing inflation pressures amid Middle East conflict and rising oil prices.
Oil prices fall as supply concerns ease on hopes for more US-Iran talks
Oil prices dropped as hopes for resumed U.S.-Iran talks eased fears of supply disruptions from the Strait of Hormuz blockade, despite ongoing risks.
US producer prices increase less than expected in March
U.S. producer prices rose 0.5% in March, less than expected, as energy costs surged amid Middle East tensions while service prices remained steady.
Wall Street indexes gain as investors hold out hope for US-Iran resolution
Wall Street indexes rose as investors hoped for a US-iran war resolution and monitored the start of the earnings season, with tech stocks leading gains.
US existing home sales drop to nine-month low in March amid tight supply
U.S. existing home sales dropped to a nine-month low in March due to tight inventory and rising mortgage rates, impacting housing affordability.
Oil jumps nearly 8% to above $102 ahead of US blockade on Iran
Oil prices surged above $102 a barrel as the U.S. Navy announced a blockade on ships to and from Iran, impacting global oil exports and market dynamics.
Oil set for largest weekly loss in 10 months after ceasefire
Oil prices face biggest weekly drop since last June despite supply concerns from Saudi Arabia and restricted flows through the Strait of Hormuz.
Oil rebounds as fragile ceasefire, Hormuz concerns keep supply risks elevated
Oil prices rose over 3% amid concerns about a fragile Middle East ceasefire and restricted flows through the Strait of Hormuz, a key global energy route.
Global energy stocks plunge as US-Iran ceasefire hits oil
April 8 (Reuters) – U.S. and European energy stocks slid on Wednesday, as a ceasefire to the Middle East conflict punctured the hefty war premium built into oil prices due to fears of supply disruption through the Strait of Hormuz. Oil fell below $100 per barrel after U.S. President Donald Trump late on Tuesday agreed […]
Oil edges up in choppy trade; US, Iran receive ceasefire proposal framework
Oil prices inched up as the U.S. and Iran received a ceasefire proposal framework amid ongoing Middle East supply disruptions affecting global markets.
Inflation in focus for markets jostled by Middle East war signals
US inflation data and corporate earnings season are under scrutiny as the Middle East war drives energy prices and market uncertainty.
Wall Street ends mixed as worries linger before holiday break
Wall Street stocks ended mixed as diplomatic talks eased Iran tensions ahead of the holiday weekend, with oil prices surging and cautious investor sentiment.
