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Brits are racing to get their hands on electric vehicles after a surge in oil prices triggered by the war in Iran has driven away demand for petrol and diesel cars, one of the UK’s biggest used car supermarkets has said. London-listed Motorpoint, which has seen its shares jump on the back of bumper

Gold (XAU/USD) price trims some of its earlier losses, turning positive on Thursday, up by 0.58% as the resolution of the Middle East conflict seems far off amid US-Iran exchanges of fire, which could delay negotiations. The XAU/USD trades at $4,091 after reaching a six-month low of $4,023.

For nearly seven years, the largest IPO in history belonged to an oil company. Not just any oil company. Saudi Aramco, the crown jewel of the world's largest crude exporter, raised $29.4 billion in its 2019 market debut, cementing what many viewed as the ultimate victory lap for the petroleum age. T

MUFG’s Lloyd Chan argues that the Thai Baht is particularly exposed to prolonged Middle East conflict and elevated Oil prices. Thailand’s large net Oil and gas deficit, weakening terms of trade and relatively low domestic yields undermine the currency’s appeal.

Back in the last century, when neo-liberalism, deregulation, and privatization were all the rage, we, in the USA, decided to restructure and deregulate the electricity industry, on the theory that such action would bring about the same benefits to electricity consumers as it did for consumers of tra

Avrupa borsaları, Avrupa Merkez Bankası'nın (ECB) politika faizini artırma kararının ardından günü yükselişle tamamladı. Kapanışta gösterge endeksi Stoxx Europe 600 yüzde 0,61 değer kazanarak 621,97 puana çıktı.

The Strait of Hormuz has become the pressure point of the global energy system. The war has already deprived global markets of 1 billion barrels of crude oil and petroleum products. Supply from the Middle East has been severely disrupted, and there is now rising uncertainty around Chinese refining p

Three months into the biggest oil supply disruption in modern history, China appears to have discovered something that should make oil bulls at least a little uncomfortable. It can get by on less fuel than anyone thought. China's gasoline and diesel demand has been falling for years as electric vehi

West Texas Intermediate (WTI) trades around $89.50 on Thursday at the time of writing, down 0.86% on the day, as investors trim positions following the recent rally driven by Middle East tensions.

Trump yönetimi, H-1B vize başvuruları için getirilen 100 bin dolarlık ücreti iptal eden federal mahkeme kararını temyize taşıyacağını açıkladı. Mahkeme, söz konusu düzenlemenin yasadışı bir vergi niteliği taşıdığına hükmetmişti.

USD/JPY struggles for direction on Thursday as fears of intervention by Japanese authorities cap upside, even as the US Dollar (USD) strengthens amid renewed hostilities between the United States and Iran.

Standard Chartered economists Hunter Chan and Shuang Ding argue that higher Oil and AI-related goods prices have lifted China’s import prices and PPI, ending a multi-year deflation spell.

The Pound Sterling (GBP) registers losses of 0.19% on Thursday after the latest US inflation report reflected the impact of the Iran war on producer prices, while an escalation of hostilities between Washington and Tehran triggered a recovery in Oil prices.

BNY’s Geoff Yu says Latin American currencies remain relatively resilient even as iFlow data show declining positions in high-yielders under a new Federal Reserve backdrop.