Zombie Oil Tanker Exits Hormuz as Trump and Iran Trade Threats - Bloomberg

Zombie Oil Tanker Exits Hormuz as Trump and Iran Trade Threats  Bloomberg

Stock markets plunge after Trump’s ultimatum on Iran

Stocks slump in Asia and Europe, gold slides and investors brace for higher oil prices after US president’s threat Business live – latest updates Middle East crisis – live updates Global stock markets dropped sharply on Monday after Donald Trump threatened to “obliterate” Iran’s power plants unless the strait of Hormuz is opened. Stock markets in Asia and Europe slumped at the start of the week. Japan’s Nikkei share index dropping by 3.4%, China’s CSI 300 down 2.8%, and the South Korean Ko...

By Lauren Almeida

World in energy crisis worse than 1970s’ oil shocks combined, IEA head says

Energy crunch prompted by Iran war poses 'major threat' to global economy, Fatih Birol says.

War-induced interest rate shocks unlikely to upset Asia’s property markets

Last week, the energy shock caused by the war in Iran showed signs of becoming a full-blown financial and economic crisis. The attacks on energy infrastructure across the Middle East, coupled with soaring prices of crucial refined petroleum products such as diesel and jet fuel, forced investors to start pricing in a prolonged disruption to supply and a contraction in demand. Even if the Strait of Hormuz reopens sooner than anticipated, the scale of the damage to energy assets in the Persian G...

By Nicholas Spiro

If You Want to Know What Happens in an Oil Crisis, Look at Asia

As China and other major suppliers of refined oil in the region restrict exports, import-dependent countries are desperate to secure fuel supplies.

Markets tumble and oil prices rise as global focus remains on Strait of Hormuz

The FTSE 100 Index fell back further from the 10,000 market, dropping 1.6% soon after opening on Monday.

By Holly Williams

Stock market crash today: Nifty50 opens below 23,000; BSE Sensex down 1,300 points

Stock market crash today: Nifty50 and BSE Sensex plunged in opening trade on Monday with oil prices continuing to remain Hugh amid the ongoing US-Iran war. While Nifty50 went below 23,000, BSE Sensex dropped over 1,300 points.

By TOI BUSINESS DESK

Iran-US-Israel war: Oil prices surge amid escalating conflict; check petrol diesel prices in India

Celestyal Discovery: cancellation of March 27th, 30th sailings

As the conflict in the Middle East continues, and in close coordination with the relevant authorities, we have had to delay the repositioning of Celestyal Discovery ahead of the start of her Mediterranean programme. All guests have safely disembarked from Celestyal Discovery in Dubai, UAE and Celestyal Journey in Doha, Qatar. Both vessels are fully […]

Donald Trump's Hormuz Deadline For Iran: 3 Scenarios, India's Energy Concerns

Trump's 48-hr Hormuz ultimatum translates into 2 potential scenarios - limited strikes leading to Brent spikes to US$110 or a shutdown leading to a global energy crisis, which could devastate crores of poor Indians.

UAE equities decline on Iran's retaliation warning on Gulf infrastructure

Trump threatens to 'obliterate' Iran's power plants if Tehran does not fully reopen Strait of Hormuz within 48 hours

By Reuters

Asian stocks tumble, oil jumps on Trump’s Iran ultimatum

Asian stocks tumbled and oil prices surged after Donald Trump issued an ultimatum to Iran over the Strait of Hormuz, sparking global economic fears. Read More: https://punchng.com/asian-stocks-tumble-oil-jumps-on-trumps-iran-ultimatum/

By Punch Newspapers

WTI crude oil prices up following Trump ultimatum on Iran

Benchmark US oil contract WTI was up Monday after US President Donald Trump gave Iran a 48-hour ultimatum to open the Strait of Hormuz or face decimation of its energy infrastructure and Israel warned the war would continue for several more weeks. The post WTI crude oil prices up following Trump ultimatum on Iran appeared first on Vanguard News.

By Ayobami

Iran threatens to retaliate against Gulf energy and water after Trump ultimatum - Daily Mirror - Sri Lanka

Iran threatens to retaliate against Gulf energy and water after Trump ultimatum  Daily Mirror - Sri Lanka

Trump and Iran hurl war threats with Strait of Hormuz crisis building - CLUB OF MOZAMBIQUE

Trump and Iran hurl war threats with Strait of Hormuz crisis building  CLUB OF MOZAMBIQUE