Oil Prices Top $100 as Middle East Conflict Deepens Supply Fears
Oil prices climbed above $100 a barrel on Wednesday for the first time in six weeks, as escalating fighting involving U.S. and Iranian forces heightened concerns over oil supplies from the Middle East. Brent...
German Bond Yields Hit Two-Year High as Oil Surge Fuels ECB Rate Hike Expectations
German two-year government bond yields climbed to their highest level in two years on Monday as rising oil prices, driven by escalating tensions involving Iran, strengthened expectations that the European Central Bank (ECB) will...
Brazil May End Fuel Subsidies as Oil Prices Ease
Brazil could phase out its emergency fuel subsidies if global crude oil prices stabilize around $80 per barrel, according to Finance Ministry Executive Secretary Rogerio Ceron. Speaking to Reuters, Ceron said recent progress toward...