Economy
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
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
European stocks end lower amid Middle East tensions
Stoxx 600 down 0.63%, UK's FTSE falls 0.34%, Germany's DAX slides 0.77%, France's CAC declines 0.98%
Fitch warns of rising cyber risks for US public finance entities amid Iran conflict
Rating agency says Iran-linked actors, hacktivists, lone attackers could intensify cyberattacks on US government institutions and critical infrastructure
US stocks end with gains after Trump says Iran war 'is very complete'
Dow gains 0.5%, Nasdaq rises 1.38%, S&P 500 adds 0.83%, while fear index falls 13.53% after Trump signals Iran war may end soon
Oil dips below $90 after Trump says Iran war 'is very complete'
Prices retreat from overnight surge above $119 when Strait of Hormuz closure halted shipments and Gulf producers cut output
Escalating military tensions in Gulf hit cruise, transport sectors
Military conflict in region effectively ends cruise tourism season in Gulf, while impact of conflict to depend on how quickly situation is resolved, says sector representative
