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Spanish Prime Minister Pedro Sanchez announced the country's refusal to support any party contributing to conflicts during his welcome of the ceasefire between the U.S. and Iran. He emphasized that this truce does not erase the chaos and destruction caused by previous hostilities.
Malaysian households are gradually affected by the ongoing US-Iran conflict, with expectations of rising fuel and food prices. This shift in prices is anticipated to influence citizens' purchasing behaviors.
Oil prices increased today following the Easter holiday, as tensions between the United States and Israel on one side and Iran on the other continue to impact global oil supplies. Brent crude futures rose by $2.4, while US crude futures increased by $3.
The closure of the Strait of Hormuz due to the ongoing U.S.-Israeli-Iranian conflict has led to a record increase in marine insurance costs, significantly impacting global shipping, which has decreased by 95%. Amid rising security risks, international initiatives are seeking to secure passage.
U.S. stock markets faced a tough week as technology shares sharply declined, with the Nasdaq index dropping over 3%. This downturn was driven by fears of escalating conflict between the U.S. and Iran, alongside legal troubles for Meta.
The U.S. Department of Defense reports that 365 American soldiers have been injured since the onset of the U.S.-Israeli war with Iran. Efforts continue to identify the missing American pilot.
Oil prices have seen a significant increase of over 60% in March due to escalating conflict between the United States and Iran. President Donald Trump announced that the war would end within weeks, but concerns about oil demand destruction remain.
The Indonesian Stock Price Index (IHSG) saw a significant rise this morning, boosted by investor expectations of easing tensions between the United States and Iran. The index opened up by <strong>101.03 points</strong>, reflecting market optimism.
In an unconventional move, a funeral worker in Thailand transported a coffin containing a body to a gas station to assert that he needed fuel for cremation, not for black market sales. This incident comes as the country faces energy supply shortages due to the U.S.-Israeli conflict over Iran.
U.S. bond yields have seen a significant increase, reaching their highest levels since the beginning of the year, driven by rising oil prices due to the ongoing U.S. conflict with Iran, now in its fifth week.
Philippine President Ferdinand Marcos Jr. has warned that the grounding of aircraft due to a fuel shortage stemming from the U.S.-Israeli conflict with Iran is becoming a clear possibility. Several countries have informed Philippine airlines that they cannot supply fuel, forcing them to carry fuel on round trips.
In a recent statement, the U.S. Energy Secretary minimized concerns regarding the impact of the ongoing conflict between the U.S., Israel, and Iran on energy markets. He emphasized that prices have not risen sufficiently to cause significant destruction in global demand.
Asian stock markets have experienced significant declines following escalating threats between Washington and Tehran, coinciding with the fourth week of the Iranian-Israeli conflict. The head of the International Energy Agency warned of a potential energy crisis that could be the worst in decades.
The escalating conflict between the United States and Iran enters its fourth week, causing concern among global financial investors. With no signs of de-escalation, investors are anticipating another turbulent trading session.