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(Bloomberg) — UK Prime Minister Keir Starmer raised the prospect of intervening to help households with soaring energy bills as oil prices hit $100-a-barrel for the first time since 2022, with little sign that the war in Iran is nearing resolution. Read More
(Bloomberg) — Oil spiked above $110 a barrel as more major producers curbed production, a crucial waterway remained all but closed and the US threatened to deepen a conflict that has upended energy markets. Read More
(Bloomberg) — Bond investors are looking ahead to a series of inflation reports, including the consumer price index for February, at a moment when surging oil prices are largely dictating flows in the $31 trillion Treasury market. Read More
(Bloomberg) — Strait of Hormuz transit remains near a standstill for a seventh day, with Iran-linked ships the only commercial vessels making the crossing in the past 24 hours. Read More
(Bloomberg) — US Energy Secretary Chris Wright sought to counter market warnings about an extended Middle East war, saying global energy supplies are sufficient and the surge in oil prices reflects a “fear premium” that won’t last. Read More
(Bloomberg) — Tehran’s residents woke up to a skyline shrouded in black smoke and acid rain clouds after Israeli airstrikes set ablaze key fuel depots serving one of the Middle East’s largest cities. Read More
(Bloomberg) — Traders are piling into options as supply disruptions from the war in Iran send oil and other commodity prices soaring. Read More
(Bloomberg) — The chaos that has gripped the oil market looks set to deepen in the coming days, with more production being shut off as the war in Iran keeps the Strait of Hormuz closed to tankers, and the US considers widening its range of targets in the country. Read More
