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The Latest Breaking News on Markets

Oil and gas prices fall sharply, driven by hopes of strait of Hormuz reopening – as it happened

Iran’s Islamic Revolutionary Guard Corps navy has announced the strait of Hormuz could reopen following the end of ‘threats from aggressors’

The Guardian - UK · May 6

Oil prices fall as Trump pauses Project Freedom to seek final peace deal with Iran

Wall Street had already set records on Tuesday, with the S&P 500 rising 0.8 per cent to a new all-time high

The Independent UK · May 6

Stocks Rise Again As Oil Drops And Companies Keep Posting Strong Results

Stocks rose again on Tuesday as oil prices dropped and companies kept posting strong first quarter results.

International Business Times · May 5

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Nasdaq, S&P 500 at New Highs on Intel Rally: Stock Market Today

Intel was one of the biggest gainers on Wall Street Tuesday on reports the chipmaker could become the next Apple supplier.

Kiplinger · May 5

Aussie shares trim losses but higher rates here to stay

The Australian share market fell to a four-week low ahead of an expected interest rate hike, a clear RBA majority decision pointing to higher rates for longer.

AAP · May 5

Dow Drops 557 Points as Iran Tensions Ramp Up: Stock Market Today

Wall Street is worried about re-escalating tensions in the Middle East.

Kiplinger · May 4

OPEC+ Raises Oil Output As Gulf Supply Disruptions Persist Amid Iran War

OPEC+ agreed to a modest increase in oil production for June as the group continues adjusting output during a period of disrupted global supply tied to the ongoing conflict involving Iran and restricted shipping through the Strait of Hormuz.

International Business Times · May 4

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Oil Rises Amid Conflicting Information About Ships Crossing Through The Strait of Hormuz

Oil prices rose on Monday amid conflicting reports about whether U.S. ships were struck by Iranian forces after the U.S. said it would provide guidance to vessels so they could cross the Strait of Hormuz.

International Business Times · May 4

Shares off to shaky start ahead of interest rates call

Energy, utilities stocks and consumer staples have dipped as investors take profits and mull the latest plan to ease the shipping logjam in the Hormuz Strait.

AAP · May 4

S&P 500 Hits New High on Apple Earnings: Stock Market Today

Apple rounded out a big week of mega-cap earnings on a high note, sending two of the three main equity indexes to new highs on Friday.

Kiplinger · May 1

Oil Prices Drop After Iran Submits Response To Proposal To End The War

Oil prices are dropping after Iran said it sent its latest response to the proposal to end the war with the U.S. and Israel.

International Business Times · May 1

Asian shares gain with most markets closed for May Day, while oil holds steady at $111 a barrel

Shares are higher in Asia, though most markets in the region are closed for May Day holidays

The Independent UK · May 1

Australian shares snap eight-session run of losses

The ASX has ended the week on a positive note, buoyed by strong US earnings despite ongoing uncertainty over the Gulf energy crisis.

AAP · May 1

Could the UAE’s shock exit from Opec cause an oil price war?

A standoff between Gulf oil giants Saudi Arabia and the UAE could cause greater market volatility for years to come

The Guardian - UK · Apr 30

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International Business Times · Apr 30

Oil Surge Tests Market Optimism As Iran Conflict Risks Deepen

Brent's climb to multi-year highs highlights a widening gap between investor expectations and supply realities.

The Independent UK · Apr 30

Inflation hits 3% in Europe as Iran war spreads oil price shock

Soaring oil prices from the Iran war pushed inflation higher to 3% in Europe in April

AAP · Apr 30

Aussie shares slip as brent crude hits new wartime high

The local share market has endured its longest losing streak since 2018 as oil prices hit $US126 a barrel and hopes fade of a quick end to the Middle East war.

The Independent UK · Apr 29

Oil prices decline after UAE says it will exit Opec amid Iran war energy crisis

Asian stocks are mostly higher despite a retreat on Wall Street

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AAP · Apr 29

ASX continues slide as inflation points to rate hike

Resurgent inflation has increased the odds the Reserve Bank hiking the cash rate at its next meeting, with ongoing price growth to drag on company earnings.

The Independent UK · Apr 29

United Arab Emirates will leave OPEC in a blow to the oil cartel

The United Arab Emirates will leave OPEC effective Friday, stripping the oil cartel of its third-largest producer and further weakening its leverage over global oil supplies and prices

AAP · Apr 28

Signs point to bumpy road for motorists in fuel crisis

Higher fuel prices could be just weeks away as conflict in the Middle East drags on, with the nation's leaders committing to further crisis talks.

International Business Times UK · Apr 28

What UAE's Shock OPEC Exit After Nearly Six Decades Means for Oil Prices and the World

The UAE's decision to leave OPEC by May 2026 signals a major shift in global oil markets, influenced by geopolitical tensions and strategic national interests.

Kiplinger · Apr 28

Nasdaq Nosedives as OpenAI Is Off Target: Stock Market Today

With the Magnificent 7 all over the earnings calendar this week, a privately held company has a lot of publicly traded stocks under the microscope.

International Business Times · Apr 28

UAE Quits OPEC Effective May 1: 10 Key Facts on Shocking Exit

The United Arab Emirates announced Tuesday it will leave both OPEC and the broader OPEC+ alliance effective May 1, delivering a major blow to the oil producers' group and its de facto leader Saudi Arabia amid the ongoing Iran conflict that has severely disrupted Gulf energy exports.

The Independent UK · Apr 28

Decision by the UAE to leave OPEC shakes up alliance that influences oil prices worldwide

The decision by the United Arab Emirates to leave the OPEC oil cartel shook up the 65-year-old alliance that produces some 40% of the world’s crude oil and exerts major influence over the price of energy around the globe

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