Brent Crude
Coverage of Brent Crude in the Nexus archive.
- PSX continues in the red, loses more than 3,000 points in early trade
The Pakistan Stock Exchange's KSE-100 index fell over 3,000 points in early trade due to rising global oil prices amid heightened tensions between the US and Iran in the Strait of Hormuz. The decline followed a drop of 2,314 points on Monday, with the index closing at 179,927 points, driven by investor nervousness and profit-taking after a recent market rally.
- Oil prices jump as fighting flares in the Middle East, while AI-led retreat pulls Asian stocks lower
Oil prices increased due to intensified fighting in the Middle East, particularly affecting the Strait of Hormuz, while Asian stock markets declined, especially in AI-related sectors. The U.S. and Iran are asserting control over the strait, causing disruptions in oil tanker traffic and concerns about supply stability. AI stocks like Micron Technology and Nvidia saw significant losses, impacting major indices like the Nikkei 225 and Kospi.
- Oil prices jump as fighting flares in the Middle East, while AI-led retreat pulls Asian stocks lower
Oil prices rose due to intensified Middle East fighting and uncertainty over the Strait of Hormuz, while Asian stocks declined as AI-related sectors underperformed. The Nikkei 225, Kospi, and Shanghai Composite all fell, with AI stocks like Micron and Nvidia leading losses. U.S. crude and Brent crude prices increased, though remaining below wartime peaks.
- Oil hits 1-month high as US-Iran fighting clouds Strait of Hormuz outlook
Oil prices reached a 1-month high as tensions between the US and Iran raised concerns over the Strait of Hormuz. Brent crude approached $85 a barrel due to renewed hostilities between Washington and Tehran.
- Trump says US will hit Iran ‘hard’ this week
Trump says the US will hit Iran 'hard' this week. The price of Brent crude rises to its highest in a month as tensions between Washington and Tehran escalate.
- Brent crude jumps as US-Iran fighting continues
Brent crude prices rose over 3% as US-Iran conflict persists, while gold prices fell nearly 3%. Trump announced the resumption of a blockade on Iran, and Brent crude traded at just under $78 a barrel.
- Oil is surging and AI stocks are sinking as Trump reinstates the Iran blockade
Oil prices surged as Brent crude climbed above $82 a barrel following Trump's declaration of the U.S. as the 'Guardian of the Hormuz Strait'. AI stocks declined amid renewed fighting that slowed tanker traffic through the strait.
- From Hormuz to the Bus Stop: How Asia’s and the Middle East’s Chokepoint Chaos Reaches Latin America’s Wallet
Rising Brent crude prices near US$79 due to fresh Hormuz strikes are impacting Latin America through fuel inflation and subsidy crises. The article highlights how geopolitical tensions in Asia and the Middle East affect regional economic stability.
- US, Iran trade more strikes, pushing oil prices up and stocks down
The US and Iran exchanged further strikes, causing oil prices to rise and global stocks to fall. Traffic in the Strait of Hormuz dropped to its lowest level in weeks, with some ships disabling transponders to avoid detection. Brent crude increased 4% to $79 per barrel, while US, Eurozone, and UK gilt yields rose, signaling investor concern.
- Iran launches attacks on American military facilities in Bahrain and Kuwait after fresh US strikes – Middle East crisis live
Iran launched attacks on American military facilities in Bahrain and Kuwait following US strikes, with the US military hitting dozens of Iranian sites. The UN chief warned that a return to full-scale fighting would be catastrophic, while oil prices rose 4.2% amid escalating tensions. A Jefferies analyst expressed cautious hope for renewed negotiations.
- Oil prices jump and Asian shares slip as US and Iran carry out airstrikes
Oil prices rose 3.6% for Brent crude and 3.5% for US benchmark crude following US and Iran airstrikes. Asian shares declined, with the Kospi dropping 9% and SK Hynix's stock falling 15.4% in Seoul amid concerns over AI-driven market volatility.
- Oil prices jump and Asian shares slip as US and Iran carry out airstrikes
Oil prices rose 3.5-3.6% as the U.S. and Iran conducted airstrikes following an attack on a container ship in the Strait of Hormuz. Asian stock markets declined, with the Kospi dropping 9% and the Nikkei 225 falling 1.9%, while SK Hynix and Samsung Electronics shares in South Korea fell sharply despite prior gains linked to AI demand.
- Oil prices leap and stocks fall amid US-Iran strikes over Hormuz
Oil prices rose nearly 5% as the US launched attacks against Iran over the Hormuz strait, leading to sharp declines in Asian stock markets, including South Korea’s Kospi down 8% and Japan’s Nikkei 225 and China’s Shanghai Composite down 2%, with chipmakers like SK Hynix among the hardest hit.
- Oil jumps 4pc as new strikes by US, Iran threaten Hormuz shipments
Oil prices surged over 4% as renewed military strikes by the US and Iran threatened shipments through the Strait of Hormuz. The conflict cast doubt on an interim US-Iranian agreement to reopen the strait, with six vessels transiting the strait on Sunday, the lowest in five weeks.
- Oil prices jump and Asian shares slip as US and Iran carry out airstrikes
Oil prices rose sharply and Asian shares declined as the U.S. and Iran conducted airstrikes following an attack on a container ship in the Strait of Hormuz. The Nikkei 225 and Kospi indices fell significantly, while SK Hynix and Samsung Electronics shares dropped in Seoul.
- Oil prices jump and Asian shares slip as US and Iran carry out airstrikes
Oil prices rose sharply and Asian stock markets declined as the U.S. and Iran conducted airstrikes, with Brent crude up 3.9% and the Nikkei 225 down 1.1%. The Kospi fell 5.6%, and shares of SK Hynix and Samsung Electronics dropped significantly in Seoul.
- Oil prices jump as US and Iran trade attacks over Strait of Hormuz
Oil prices, specifically Brent crude, increased by over 4% due to escalating tensions between the United States and Iran regarding control of the Strait of Hormuz. The conflict involves mutual attacks between the two nations over this critical maritime route.
- Oil prices spike as renewed US-Iran war threatens global supply route
Oil prices have climbed by more than 3 percent due to renewed US-Iran conflict, raising concerns about disruptions in the Strait of Hormuz. Brent crude futures rose to $78.68 a barrel as the critical waterway, through which 20% of global petroleum liquids flow, faces potential threats.
- Asian stocks climb and oil prices slip as traders monitor Iran war developments
Asian stocks rose, led by technology shares, while oil prices fell as traders monitored tensions between Iran and the U.S. South Korea's Kospi and Tokyo's Nikkei gained over 1.8%, and tech-related stocks like SK Hynix and AMD saw significant increases. Oil prices dropped due to constrained supplies at the Strait of Hormuz.
- Asian stocks climb and oil prices slip as traders monitor Iran war developments
Asian stocks rose due to increased buying of technology-related shares, while oil prices declined as traders observed tensions between Iran and the U.S. South Korea's Kospi and Japan's Nikkei 225 gained significantly, and tech stocks like SK Hynix and SoftBank Group saw notable gains. Oil prices fell amid limited vessel traffic through the Strait of Hormuz.
- Asian stocks climb and oil prices slip as traders monitor Iran war developments
Asian stocks rose on Friday, driven by technology-related shares, while oil prices fell as traders tracked Iran-U.S. tensions. Key indices like South Korea's Kospi and Japan's Nikkei 225 advanced, and oil prices declined amid supply concerns at the Strait of Hormuz.
- Strait of Hormuz traffic plunges as US, Iran resume fighting
Traffic in the Strait of Hormuz has significantly decreased as the US and Iran resume hostilities. Despite this decline, Brent crude oil prices remain stable.
- The Latest: After weeks on hold, deal between Israel and Lebanon is progressing, says US official
A U.S.-brokered framework agreement between Israel and Lebanon is progressing to technical discussions in Rome after weeks of stagnation. The U.S. launched airstrikes against Iran, which responded by targeting U.S. allies, escalating tensions in the region. Financial markets showed mixed reactions with stock gains and easing oil prices.
- Oil prices and stocks hold steadier as calm returns to financial markets worldwide
Oil prices and stocks stabilized as global financial markets calmed, with the S&P 500 rising 0.4% and the Dow gaining 0.3% despite U.S.-Iran tensions. AI-related stocks like Micron Technology and SK Hynix drove market gains, while oil prices retreated slightly from earlier spikes.
- Oil prices and stock markets worldwide hold steadier as AI stocks climb
Oil prices and stock markets stabilized as AI-related stocks rose despite U.S.-Iran tensions and airstrikes. The S&P 500 gained 0.3%, while oil prices slightly declined but remained above previous levels. AI-driven companies like Micron Technology and Broadcom boosted market performance.
- First Thing: Second day of US strikes on Iran as Trump says Tehran ‘behaving very badly’
The US military conducted strikes on Iran for a second day, with explosions reported in Bandar Abbas, Sirik, and Bushehr province. Donald Trump accused Iran of 'behaving very badly' after attacks on cargo ships in the Strait of Hormuz, leading to the most extensive exchange of fire since an interim ceasefire. US stock markets fell, Brent crude prices rose over 5%, and the IMF lowered its global growth forecast to 3%.
- Global markets are mixed and oil prices rise as Iran and US launch new attacks
Global markets are mixed with U.S. stock futures showing slight gains and losses, while oil prices rise due to renewed attacks between Iran and the U.S. in the Middle East. Tensions threaten a fragile truce, with oil prices near pre-war levels and gasoline prices increasing. Regional conflicts and economic reports influence market movements.
- Asian stocks slip and oil prices jump as Iran and US launch fresh attacks
Asian stocks declined and oil prices rose as Iran and the U.S. exchanged attacks, escalating Middle East tensions. The U.S. launched airstrikes on Iran, which retaliated by targeting Bahrain, Kuwait, and Qatar, following a declaration by U.S. President Donald Trump that a temporary ceasefire was 'over.'
- Asian stocks slip and oil prices jump as Iran and US launch fresh attacks
Asian stocks declined and oil prices rose as Iran and the U.S. exchanged attacks, escalating Middle East tensions. U.S. airstrikes targeted Iran, while Iran fired at Bahrain, Kuwait, and Qatar, following President Trump's declaration that a temporary ceasefire was 'over.'
- Asian stocks slip and oil prices jump as Iran and US launch fresh attacks
Asian stocks declined and oil prices rose as Iran and the U.S. exchanged attacks, escalating Middle East tensions. The U.S. airstrikes on Iran and Iran's retaliatory strikes on Bahrain, Kuwait, and Qatar disrupted markets, while Brent crude exceeded $78 per barrel due to supply concerns.
- Oil prices rise after Trump remarks on Iran ceasefire
Oil prices rose globally after Trump suggested ending the ceasefire with Iran during remarks at the Nato summit in Ankara. Brent crude increased 5.8% to $78.43 a barrel, while global stock markets recorded marginal losses, including declines in the S&P 500, Dow Jones, FTSE 100, Stoxx 600, DAX, and CAC indices.
- US stock markets fall amid Iran strikes and potential higher interest rates
US stock markets fell on Wednesday as the US continued strikes on Iran and the Federal Reserve indicated potential higher interest rates. Donald Trump's statement at the Nato summit in Ankara ending the Iran-US ceasefire caused a sharp rise in oil prices, with Brent crude exceeding $80 a barrel. The Dow dropped 1.09%, the S&P 500 had a small loss, and the Nasdaq rose slightly, while global stocks like the UK’s FTSE 100 and Japan’s Nikkei also declined.
- US stock markets fall amid Iran strikes and potential higher interest rates
US stock markets fell amid Iran strikes and potential higher interest rates. The Dow dropped 1.09% as the S&P 500 declined slightly and the Nasdaq rose. Global markets also declined, with the UK’s FTSE 100 and Japan’s Nikkei falling.
- Oil prices rise 5%, and stocks drop worldwide after Trump says ceasefire with Iran is 'over'
Oil prices rose 5% and global stock markets fell after President Trump stated the ceasefire with Iran is 'over,' raising concerns about renewed conflict and its economic impact. The S&P 500 dropped 0.3%, the Dow fell 1%, and Brent crude climbed to $78.02 amid fears of blocked oil shipments through the Strait of Hormuz.
- Oil prices rise 5%, and Dow drops 500 points after Trump says ceasefire with Iran is 'over'
Oil prices rose 5.8% to $78.43 per barrel as stock markets dropped globally following President Donald Trump's statement that the ceasefire with Iran is 'over.' The Dow Jones fell 1% while AI stocks like Nvidia offset some losses, but airline and housing industry stocks declined sharply due to rising fuel costs and bond yields.
- Oil prices rise 8%, and Dow drops 800 points after Trump says ceasefire with Iran is 'over'
Oil prices rose 8% to $80.09 per barrel of Brent crude, and the Dow Jones Industrial Average dropped 831 points (1.6%) after President Donald Trump declared the ceasefire with Iran is 'over.' The S&P 500 fell 1%, with airlines and housing industry stocks among the hardest-hit sectors.
- Oil prices rise, and stocks fall worldwide after Trump says ceasefire with Iran is 'over'
Oil prices rose and global stocks fell after President Donald Trump stated the ceasefire with Iran is 'over', causing market volatility and concerns about regional stability. The S&P 500 dropped 0.5%, Brent crude climbed 4.8%, and companies in energy-dependent sectors like airlines and housing saw significant losses.
- Oil prices jump after US strikes on Iran, while shares in Asia are mixed
Oil prices surged over 2% following U.S. strikes on Iran after attacks on ships in the Strait of Hormuz, while Asian shares were mixed. Chinese markets rose, particularly tech stocks like Tencent and Alibaba, while U.S. AI-related stocks fell sharply, with companies like AMD and Intel losing significant value.
- Oil prices surge as US strikes Iran, reversing slide to pre-war levels
Brent crude oil prices rose above $76 a barrel for the first time in two weeks due to renewed violence in the Strait of Hormuz. The price increase follows US strikes on Iran, reversing a prior decline to pre-war levels.
- AI stocks resume their drops and drag markets lower worldwide
AI stocks fell sharply, dragging down global markets including the S&P 500, Nasdaq, and Dow Jones. Samsung Electronics dropped 6.9% in South Korea despite strong quarterly results, while Micron and Nvidia also declined. Concerns about overvaluation and AI's profitability, along with rising oil prices and corporate news, weighed on investor sentiment.