Tag: #oil

U.N. Council Weighs Chapter VII Mandate to Keep Strait of Hormuz Open as Iran War Disrupts Oil Flows

Bahrain urges a Chapter VII U.N. mandate to use “all necessary means” to secure Hormuz as Russia and China resist and tanker traffic collapses.

#un, #straitofhormuz, #iran, #oil, #securitycouncil

Fed Holds Rates, but Markets Start Pricing a New Risk: the Next Move Could Be a Hike

After the Fed held steady, an Iran-linked oil shock pushed futures markets to price fewer cuts—and a rising chance the next rate move is up.

#federalreserve, #interestrates, #inflation, #oil, #futures

U.S. inflation holds at 2.4% in February as Iran war-driven oil shock looms

Consumer prices rose 0.3% in February, keeping inflation near the Fed’s target—just before a Middle East oil shock threatens to lift costs.

#inflation, #cpi, #federalreserve, #oil, #economy

ECB Warns Iran Conflict Could Rekindle Inflation If Hormuz Energy Flows Are Hit

ECB chief economist Philip Lane warns a prolonged Iran war and Hormuz disruptions could spike oil and gas prices, reviving inflation and stalling euro-zone growth.

#ecb, #inflation, #oil, #hormuz, #eurozone

Iran Supreme Leader Killed in U.S.-Israeli Strikes as Hormuz Attacks Rattle Global Markets

U.S. and Israeli strikes kill Iran’s supreme leader as tanker attacks choke the Strait of Hormuz, sending oil higher, stocks lower and rate-cut bets fading.

#iran, #israel, #straitofhormuz, #oil, #globalmarkets

U.S. and Iran Report ‘Significant Progress’ in Indirect Nuclear Talks in Geneva

Indirect U.S.–Iran talks in Geneva ended without a deal but with “significant progress,” as Oman mediates and technical talks shift to Vienna.

#iran, #nuclear, #diplomacy, #oman, #oil