Oil prices are falling despite continued tensions in the Middle East, and the move is changing the inflation outlook for financial markets.
Brent crude recently fell below $102 per barrel, while WTI moved below $99, marking a fourth consecutive daily decline. One major reason is that physical oil flows have remained stronger than initially feared. Saudi Arabia’s crude exports have recovered…
U.S. Treasury Secretary Scott Bessent said there is a possibility that an agreement to restore “freedom of movement” through the Strait of Hormuz could be reached as early as Tuesday or Wednesday. However, he emphasized that negotiations are still ongoing and…
Global markets welcomed signs of de-escalation after the United States and Iran paused military attacks, giving diplomatic efforts a chance to move forward. The temporary halt has raised hopes that negotiations could reduce tensions in the Middle East and improve security…
The conflict between the United States and Iran has intensified once again after a temporary ceasefire effectively collapsed, leading to renewed military operations across the region.
The United States has launched fresh airstrikes on targets it says are linked to…