Commodities
Oil jumps on Saudi and Gulf attacks before retreating from session highs
Brent opened $3.62 higher at $108.23 before settling at $105.68 as attacks, a pipeline shutdown and delayed Hormuz talks raised supply concerns.
Etiqueta: <span>Strait of Hormuz</span>
Commodities
European LNG prices climb to their highest since 2023
Hormuz disruptions, weak storage injections and competition with Asia have pushed imported gas above $22 per MMBtu ahead of winter.
Markets
Gulf shares finish mixed as rising oil offsets Iran-war uncertainty
Saudi Arabia and Abu Dhabi advanced, while Qatar hit a two-year low and Dubai edged down. Brent at $94.60 supported energy-linked markets, but diplomacy, sanctions and Hormuz traffic kept risk elevated.
Commodities
Oil gains for the week as blockade risk confronts rising inventories
Brent and WTI were on course for weekly gains of 3.4% and 4% after Washington raised the prospect of an indefinite blockade of Iran, although weaker demand forecasts and a record-sized U.S. inventory build limited the signal.
Markets
Gulf equities retreat as fading US-Iran deal hopes revive regional risk
Most Gulf benchmarks closed lower as diplomatic expectations weakened, although Oman and selected shipping stocks resisted the regional decline and exposed sharp differences beneath the risk-off move.
Markets
Australian shares cross 9,000 as Iran optimism drives a selective risk rebound
The S&P/ASX 200 gained 0.5% to 9,019.30 as banks, healthcare and gold stocks advanced on hopes for progress around the Strait of Hormuz, while energy shares fell with oil prices.