Economy

Oil prices swing sharply as market volatility intensifies

Oil prices swing sharply as market volatility intensifies

Prices plunge $10 before rebounding $11 within 2 hours, swinging back near $90 per barrel

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Oil prices skyrocket, pushing gas prices in US to surge amid Middle East tensions
10.03.2026

Oil prices skyrocket, pushing gas prices in US to surge amid Middle East tensions

Brent crude oil surpasses $100 per barrel amid Strait of Hormuz supply concerns, Trump’s statements ease some of the rise, but US gas prices shoot up 16% this week, leaving Americans to pay the price for the joint US and Israeli attacks on Iran

EU temporary protection for Ukrainians rises to 4.38M in January
10.03.2026

EU temporary protection for Ukrainians rises to 4.38M in January

Total figure up 0.5% month-on-month in January

Oil prices hover below $90
10.03.2026

Oil prices hover below $90

Brent oil at $87.8, WTI at $84.5 per barrel

China starts new year with strong foreign trade performance
10.03.2026

China starts new year with strong foreign trade performance

Country's exports up 21.8% to $656.5B in January-February period, while imports increase 19.8% to $442.9B

Around 70% of global oil demand transported through strategic maritime chokepoints
10.03.2026

Around 70% of global oil demand transported through strategic maritime chokepoints

Strait of Malacca, linking Indian and Pacific oceans, and Strait of Hormuz, carrying Gulf oil to global markets, stand out as 2 busiest oil transit routes