Economy

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

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

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European stocks end lower amid Middle East tensions
10.03.2026

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
10.03.2026

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'
09.03.2026

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'
09.03.2026

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
09.03.2026

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