Clashes in the world’s most critical oil chokepoint intensify fears of a global supply shock
Donald Trump
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Trump says conflict “nearly complete,” easing energy fears and fueling market turnaround
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Futures & Commodities
G7 Weighs Massive Oil Reserve Release as Hormuz Crisis Deepens
by Dean Dougnby Dean DougnEnergy ministers consider tapping up to 400 million barrels as global supply shock pushes crude above $100
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Energy shock from Middle East war raises stagflation fears across global markets
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Analysts say Middle East battlefield reflects broader rivalry among the U.S., Russia, and China
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U.S. president says conflict could end only when Tehran loses its leadership and military
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Oil surges past $90 as Washington rules out negotiations and Tehran faces leadership vacuum
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Trump rejects Iran deal while unexpected U.S. job losses deepen market anxiety
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Brent tops $84, European gas spikes 70%, and bond yields climb as markets price prolonged conflict
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Gold and defense stocks rally while tech and banks sink on war fears