Oil prices sink to a three-month low on reports the US will allow Iran to start selling oil again, while the Australian share market is likely to open lower after big falls across Wall Street's tech stocks. Follow live. Grouped from 3 articles across 3 sources.
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Oil prices sink to a three-month low on reports the US will allow Iran to start selling oil again, while the Australian share market is likely to open lower after big falls across Wall Street's tech stocks. Follow live.
Global oil prices tumbled to a three-month low on Tuesday as the Iran peace agreement dominated the G7 meeting in France.
Donald Trump posts ‘Let the oil flow’ as US-Iran peace deal sparks immediate drop for Brent crude Analysis: Oil and gas unlikely to return to prewar prices for months even if Hormuz reopens Global oil prices have tumbled to a three-month low and stock markets closed at a record high amid fresh hopes that a US-Iran peace deal could end the greatest energy supply crisis in the history of the market. The price of Brent crude dropped about 4% to about $83 (£62) on Monday amid optimism that the strait of Hormuz could reopen shortly and bring a return of Gulf oil exports to the market. Wholesale gas prices fell 6% in Europe. Continue reading...
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Oil prices on Monday fell to their lowest level since March after U.S. officials announced an agreement with Iran.
Thinktank says decoupling electricity from gas prices has also helped shield Spain from hikes caused by Iran war Spanish households save €10 a month on electricity bills because of wind turbines and solar panels…
Reserve Bank board members will be feeling relieved today when they meet to thrash out our future interest rate movements.
The countries are expected to sign a memorandum of understanding on Friday before proceeding to the next stage of talks Full report: Trump declares deal ‘all signed’ as G7 leaders try to tie loose ends You can follow… Grouped from 2 articles across 1 sources.
The number of confirmed cases in the country has increased to 837, including 196 deaths. Grouped from 5 articles across 4 sources.
Qatar says it is working to prevent a return to war, following the signing of the MoU between the US and Iran. Grouped from 2 articles across 2 sources.