Gov’t ready to extend fuel subsidies if Middle East conflict hikes oil prices

President Ferdinand Marcos Jr. has tasked concerned government agencies to closely monitor the situation in the Middle East and in the ongoing military strikes between Israel and Iran amid fears that these might have an impact on the prices and...

Stock markets end lower amid ongoing Israel-Iran conflict, rising crude oil prices

Mumbai: Benchmark indices Sensex and Nifty closed lower Tuesday amid profit-booking after a sharp rally in the previous session as investors turned cautious in view of the ongoing conflict between Israel and Iran. Besides, investors preferred to...

Indian shares slip as Trump’s Tehran warning, oil surge rattle investors

India’s benchmark indexes fell on Tuesday as investors stayed on edge after U.S. President Donald Trump urged Iranians to evacuate Tehran, stoking fears of a broader regional conflict amid ongoing Israel-Iran hostilities. The Nifty 50 was down...

Shares slide and crude oil prices bounce higher as Israel warns people in Iran's capital...

The evacuation warning was for a part of Tehran that houses the country's state TV and police headquarters and three large hospitals, including one owned by Iran's paramilitary Revolutionary Guard. U.S. President Donald Trump announced he was...

Stock market news live: FTSE 100 falls but oil shares rise after UK-US trade deal

FTSE 100 latest: Shares down on Israel-Iran tensions The vast majority of FTSE 100 stocks are in the red today, with the overall index showing a 0.5 per cent loss so far. Europe is even further in the red, France and Germany’s indices showing...

Trump Says Israel-Iran 'Ceasefire' Not On The Table, Left G7 Early For A 'Much Bigger' Reason: SPY, QQQ Dip In Premarket, Oil Climbs

U.S. President Donald Trump has dismissed French President Emmanuel Macron‘s assertion that he left the G7 Summit for a ceasefire between Israel and Iran, hinting at a more significant reason for his return to Washington. What Happened: Trump took...

Shares slide and crude oil gain more than $1 as Israel warns people in Iran's capital to...

The evacuation warning was for a part of Tehran that houses the country's state TV and police headquarters and three large hospitals, including one owned by Iran's paramilitary Revolutionary Guard. U.S. President Donald Trump announced he was...

Stock markets news live: FTSE 100 falls but oil shares rise

TSB put up for sale by Sabadell Yesterday we heard news of a potential Metro Bank buyout; today another high street name is on the watchlist. TSB is owned by Spanish bank Sabadell, but the parent firm has confirmed there is interest from bidders...

Frontline says its oil tanker was involved in collision near Strait of Hormuz

COPENHAGEN: Shipping company Frontline said on Tuesday its oil tanker Front Eagle was involved in a collision near the Strait of Hormuz, describing the event as a navigational incident unrelated to the ongoing regional conflict. (Reporting by...

Oil prices up, US futures down after warnings to residents of Tehran to flee

BANGKOK, Thailand — Oil prices resumed their upward climb and US futures were lower early Tuesday after Israel’s military issued an evacuation warning to 330,000 people in Iran’s capital Tehran. Later, US President Donald Trump called on...

Indonesia seizes US$725 million from Wilmar Group in palm oil graft case

JAKARTA: Indonesia's Attorney General's Office said on Tuesday (Jun 17) it had seized 11.8 trillion rupiah (US$725 million) from food company Wilmar Group that it said was related to corruption in obtaining palm oil export permits. Indonesian...

Shares slide and crude oil gain more than $1 as Israel warns people in Iran’s capital to evacuate

FTSE 100 Live 17 June: Index in red as oil price rises, date set for Direct Line deal

Stock Futures Drop, Oil Rises as Israel-Iran Cease-Fire Hopes Fade

Stocks were on course to open in the red on Tuesday as Iran and Israel continued to exchange missile strikes and a series of social-media posts by President Donald Trump dashed the market’s hopes that the conflict between the two countries could...

Haifa oil refinery shuts down after Iran strike kills 3

All operations at the Bazan Group's oil refinery in Haifa Bay, northern Israel, have been suspended after an Iranian missile strike overnight killed three people. The strike severely damaged the site's power infrastructure, the company said on...

Kuwait expected to award consultancy deal for 900MW Subiya power plant expansion in Q4

Kuwait’s Ministry of Electricity & Water & Renewable Energy is expected to award the consultancy services contract for the 900 megawatt (MW) Phase 4 of the Subiya Power and Water Distillation Plant project in Subiya in the third quarter of 2025, a...

Mohammed bin Rashid: Our goal to grow UAE non-oil foreign trade to AED 4 trillion by 2031 will be achieved within two years

His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, affirmed that the UAE, under the leadership of President His Highness Sheikh Mohamed bin Zayed Al Nahyan, continues its remarkable...

UAE to hit AED 4tr non-oil trade target 4 years early

DUBAI - Sheikh Mohammed bin Rashid Al Maktoum, Vice President and Prime Minister of the UAE and Ruler of Dubai, affirmed that the UAE, under the leadership of President Sheikh Mohamed bin Zayed Al Nahyan, continues its remarkable progress across...

Oil marketers exploiting Nigerians, petrol price should be N750 per litre – PENGASSAN

The Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN) says premium motor spirit (PMS), also known as petrol, should be between N700 and N750 per litre at retail stations. Speaking during a press conference in Abuja on...

Asia’s oil lifeline at risk as Israel-Iran crisis ignites Strait of Hormuz fears

Escalating conflict between Israel and Iran is raising fresh concerns over Asia’s energy security, analysts said on Tuesday, with any disruption to oil flows through the Strait of Hormuz threatening to destabilise global markets. Roughly seventy...