Results for “blames iran”

The European Central Bank is likely to raise borrowing costs next month for the third time since the Iran war began, Governing Council member Ante Zigman said.

Alicia Levine, of BNY’s wealth management business, said markets have not priced in the possibility of the war in Iran lasting for a long time.

A new Democratic majority in Congress could pressure the president to end the war in Iran. But it will be harder for them to directly affect fuel prices, which are tied to a complex international oil market.

Oil prices were mixed as traders assessed the outlook for U.S.-Iran relations and recovering oil supplies from the Middle East.

Dubai’s flagship carrier posted a sharp drop in first-half profit after the Iran war disrupted flight routes and pushed up the price of jet fuel.

Emirates Group’s first-half profit dropped by more than half as regional warfare and soaring oil prices weighed on the world’s largest international carrier.

DIP Holding has raised $529 million in its initial public offering, pricing at 1.12 dirhams a share. The listing is the first in the UAE since the start of the Iran war. Khalid bin Kalban, Chairman of DIP Holding spoke to Bloomberg’s Abeer Abu Omar on Horizons Middle East & Africa ahead of the company’s listing on November 11. (Source: Bloomberg)

The Bank of England is expected to raise interest rates for the first time in over three years in order to tackle the inflation shock caused by the Iran war

President Trump stated he has no immediate plans for further strikes on Iran, easing geopolitical risk across the region. The remarks triggered a sharp decline in crude oil and fueled a broad rally across Asian equities. (Source: Bloomberg)

Oil steadied after tumbling around 8% in the previous session as investors bet that a Democratic sweep in the US midterm elections could accelerate efforts to end the months-long Iran war.

Asian stocks were poised to follow Wall Street higher after a Democratic sweep in the US midterm elections sent oil plunging on hopes the monthslong conflict with Iran may end sooner.

The overwhelming nature of the Democratic win is making everyone rethink energy strategies from Iran to Texas data centers.

Stocks surged, oil prices plunged and bond yields fell Wednesday on optimism around a quicker end to the Iran war now that Democrats have clinched control of Congress.

Oil dropped Wednesday, putting prices on track for their largest one-week decline since 2020.

FitLab Inc., which makes cardio equipment and runs boutique fitness studios, said it filed bankruptcy following disruptions to its supply chain and the loss of a key deal with Nike Inc.

North Sea oil prices slumped to fresh lows on Wednesday as the region’s physical crude traders weighed the prospects of a de-escalation of the Iran war following US President Donald Trump’s heavy defeat in the midterm elections.

Plus, Graphic Packaging Holding signaled that a flow of bad news may be reversing, and Iran is trying to re-assert its grip on the Strait of Hormuz.

Plus, Iran turns to guerrilla tactics to try to stop the flow of oil leaving the Strait of Hormuz, and CVS Health decides to split in two.

European natural-gas prices rose following the U.S. midterm elections, as traders wait to see whether President Trump will pursue diplomacy with Iran or launch renewed strikes.

Oil rose as investors gauged how the midterm results could shape Trump’s approach to Iran while high energy prices continue to fuel inflation and weigh on consumers worldwide.

Tehran is deploying everything from rocket-propelled grenades to limpet mines as it attempts to disrupt the restored flow of oil out of the Persian Gulf.

Gold held a decline as traders tracked diplomacy efforts in the Middle East and the outcome of US midterm elections for clues on the path for interest rates and American fiscal policy.

Oil edged higher after a two-day decline as traders weighed the outlook for the US-Iran war following conflicting signals on the trajectory of peace talks.

Oil futures gave up early gains that followed U.S. strikes on Iranian targets, slipping into the red amid optimism about diplomatic efforts to bring the U.S. and Iran to a conflict settlement.

The dollar rose on Election Day in the US, buoyed by climbing Treasury yields and solid economic data, while traders monitored developments in the Middle East for a sense of the greenback’s direction.

The former U.S. ambassador to Vietnam, speaking in Ho Chi Minh City on election day, says tariff power "rests with the executive."

Saudi Arabia’s quarterly fiscal deficit more than doubled as the kingdom faces the financial toll of the US-Iran war that began more than eight months ago.

"Does the Republican Party divide over MAGA-related issues, and does President Trump escalate hostilities in the Gulf War with wider economic consequences at home and abroad?"

US stock futures fell as oil prices rebounded on worries that America and Iran remain far apart on a peace deal, adding to subdued risk sentiment before voting starts in the midterm elections. S&P 500 contracts slipped 0.2%. Brent crude rose 1.7% to above $106 a barrel, with Reuters reporting that significant obstacles to ending the war remained despite signs from both Washington and Tehran that they were open to a diplomatic settlement. Flat Nasdaq 100 futures signaled a steadier start for the artificial intelligence trade after the index entered a technical correction. The Opening Trade has everything you need to know as markets open across Europe. With analysis you won't find anywhere else, we break down the biggest stories of the day and speak to top guests who have skin in the game. Hosted by Anna Edwards, Guy Johnson and Tom Mackenzie. (Source: Bloomberg)

BGN is investing in more vessels, including VLCCs, as shipping companies navigate disruptions from the Iran war. Wael Amer, group chief operating officer at BGN, spoke to Bloomberg’s Abeer Abu Omar about the company’s investments aimed at helping the energy trader continue reaching customers during difficult market conditions. (Source: Bloomberg)

Michael O’Leary warns that European airfares could rise as much as 20% in 2027 as the Iran war drives up fuel costs and forces airlines to cut flights.

Oil is steadying after a sharp drop as hopes build that the US and Iran could be moving closer to a negotiated settlement. Amos Hochstein, managing partner at TWG Global and a former adviser to President Joe Biden, says markets should remain prepared for the possibility of further strikes even as talks continue. (Source: Bloomberg)

Liquefied-natural-gas output was set for its steepest annual decline on record as the Iran war chokes off supplies and intensifies competition among importers.

Saudi Aramco posted a 9% increase in third-quarter profit following a jump in earnings from its refineries and as the Iran war drove oil prices higher. The company’s oil selling price was about 35% higher in the quarter from a year earlier. Bloomberg's Mitchell Ferman reports. (Source: Bloomberg)

Middle East oil markets are indicating near-term supply is outpacing demand for the first time since July — when global prices plummeted after a temporary ceasefire between the US and Iran allowed tankers to exit the Persian Gulf through the Strait of Hormuz.

Gold was steady, after jumping the most in two months on Monday as hopes of a breakthrough in US-Iran peace talks sent oil prices plunging and eased anxiety over accelerating inflation.

Oil steadied after its biggest slump in more than three months, with the US and Iran signaling a willingness to pursue peace talks as the war in the Middle East enters its ninth month.

Asian technology stocks looked set for losses Tuesday after a selloff in US chipmakers deepened, overshadowing a plunge in oil prices on hopes for diplomatic progress toward ending the war in Iran.

Fox Corp. Chief Executive Officer Lachlan Murdoch acknowledged a steep decline in viewership on Fox News ahead of midterm elections and attributed it to “viewer fatigue.”

Global oil demand is set to drop by about 3 million barrels a day in 2026 and will take a year to recover to levels seen before the US-Iran war, according to Vitol Group Chief Executive Officer Russell Hardy, underscoring the economic toll of the surge in energy prices.

Prices dropped as renewed diplomatic efforts to end the conflict between the U.S. and Iran eased concerns over Middle East oil supplies, reversing some of last week’s gains.

A report that says President Donald Trump wants to give diplomacy with Iran more time helped ease pressure on oil prices, with Brent falling more than 3% to below $110 a barrel. Apple reclaimed the title of world’s most valuable company on Friday, taking the mantle from Nvidia as investors seek the perceived safety of the iPhone maker amid concerns about artificial intelligence spending. The Opening Trade has everything you need to know as markets open across Europe. With analysis you won't find anywhere else, we break down the biggest stories of the day and speak to top guests who have skin in the game. Hosted by Anna Edwards, Guy Johnson and Tom Mackenzie. (Source: Bloomberg)

Trump Banks on Rallies to Turn Out MAGA Faithful Again Dems Show Strength Ahead of Election Day: NYT/ Siena Polls Haley Stevens Backs GOP’s Mike Rogers in Michigan DOJ Appeals Judge’s Dismissal of AK Senate Lawsuit Gulf States Fear Fiercer Iran Retaliation If US Strikes Ukraine, Russia Report Cyberattacks on Emergency Alert Apps (Source: Bloomberg)

Chilean fixed income investors are flocking to index-linked notes as the war in Iran drags on into its nine month, pushing oil prices to levels not seen since April and stoking inflation expectations.

States like Saudi Arabia and the United Arab Emirates that have worked to rebalance from a dependence on energy have seen growth plunge in a year of strife.

Asian shares are mixed ad oil prices have retreated, falling sharply on renewed hopes for progress in diplomatic efforts between the U.S. and Iran

The airline says fuel prices may rise by €2bn in 2028 unless there is an end to the US-Israel war with Iran.

Japan sold its fifth climate transition bond of the year, remaining the only government to use the designation despite the country’s increasing reliance on fossil fuels since the start of the war in Iran.

Bloomberg's Jon Herskovitz details Donald Trump’s dual-track Iran strategy, balancing regional diplomatic talks against a US military buildup. Meanwhile, Gulf allies fear renewed strikes could trigger severe Iranian retaliation against critical energy infrastructure. (Source: Bloomberg)

Emerging-market currencies fell as investors weighed lingering Middle East tensions and awaited US economic data later this week.