Thursday, May 07, 2026

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March 2, 2026 3:53 PM

Oil surges 8% as Iran conflict disrupts Middle Eastern flows

Oil surged 9% on Monday after retaliatory Iranian attacks disrupted shipping in the crucial Strait of Hormuz following the weekend's bombing by Israel and the United States that killed Iranian Supreme Leader Ali Khamenei. A sustained jump in prices ...

March 2, 2026 12:37 PM

Oil surges, stocks slide as conflict grips Middle East

Oil prices surged on Monday and s1927029046hares slid as military conflict in the Middle East looked set to last weeks, threatening to upend a global economic recovery and perhaps reignite inflation. Brent jumped 6.4% to $77.57 a barrel, though it h...

March 1, 2026 1:18 PM

Trump’s Iran strikes mark his biggest foreign policy gamble

With his large-scale attack on Iran, Donald Trump has seized a legacy-defining moment to demonstrate his readiness to exercise raw U.S. military power. But in doing so, he is also taking the biggest foreign policy gamble of his presidency, one fraugh...

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Last updated on: 7th May 2026

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