Powell said that he does not currently see a risk of contagion in private credit markets that could spill over into the broader financial system
Browsing: oil prices
The price of Brent crude rose by more than 3% to above $115 a barrel, while U.S.-traded oil climbed to $101.62 after gaining almost 2%.
Amid escalating tensions in the Middle East, petroleum executives in Saudi Arabia are desperate to determine the upper limit of oil prices.
The supply interruptions and attacks on energy infrastructure, especially oil and gas, have reduced output and exports
The conflict involving Iran has triggered one of the most significant energy price shocks of 2026, directly affecting global oil and gasoline markets
Rising gas prices in the US push drivers to compare fuel costs, travel farther, and adjust habits to save money.
Oil prices surge after U.S.-Israel strikes on Iran, raising gasoline costs and heightening global energy market risks.
US-Iran war triggers flight cancellations, airport damage, and oil market fears, disrupting global travel and energy markets.
Rising tensions between the U.S., Israel and Iran are rattling global energy markets, with traders closely watching the Strait of Hormuz and Iran’s oil infrastructure. Even the threat of disruption could tighten supply, push crude prices higher, and inject fresh volatility into inflation-hit economies worldwide
Oil and gold are seeing an uptick in prices amid possible war between the U.S. and Iran