Global shares stumble as war worries drive oil back above $100

April 23, 2026 4:01 PM

Global shares stumble as war worries drive oil back above $100

Renewed worries about the Iran war and the Strait of Hormuz drove oil back toward $105 a barrel on Thursday, prompting a fall back in global share and bond prices and gains for the dollar. Concerns had returned after Iran on Wednesday seized two ships trying to exit the Strait, leaving investors wondering if the fragile ceasefire with the U.S. that has allowed markets to rebound in recent weeks will be able to hold. Europe's main bourses fell between 0.2%-0.8% in early trading, leaving MSCI's ...

Global shares steady, oil turbulence deepens as Middle East war roils markets

March 11, 2026 9:40 AM

Global shares steady, oil turbulence deepens as Middle East war roils markets

Global shares steadied on Wednesday following a brief retreat in oil prices, but markets remained anxious as contradictory signals from the U.S.-Israeli war on Iran left investors struggling to gauge its impact on global inflation and growth. A short-lived pullback in oil came after the Wall Street Journal reported that the International Energy Agency has proposed the largest release of oil reserves in its history to bring down crude prices, providing some relief to battered global stocks while...

Global shares rally, oil slumps as Trump announces Iran-Israel ceasefire

June 24, 2025 9:02 AM

Global shares rally, oil slumps as Trump announces Iran-Israel ceasefire

Global shares rallied and the dollar extended declines on Tuesday after U.S. President Donald Trump said Iran and Israel had agreed to a ceasefire, sending oil prices into a deep dive as concerns over supply disruptions ebbed. Writing on his Truth Social site, Trump implied a ceasefire would go into effect in 12 hours, after which the war would be considered "ended". There was no immediate comment yet from Israel. While an Iranian official earlier confirmed that Tehran had agreed to a ceasefir...

China’s AI drive hammers global tech stocks

January 28, 2025 9:18 AM

China’s AI drive hammers global tech stocks

U.S. stock futures steadied, the dollar ticked higher and tech stocks in Asia slid on Tuesday following a wave of selling as apparent advances by a Chinese AI startup cast doubt on U.S. dominance and spending in one of the market's hottest sectors. Overnight, chipmaker Nvidia dived 17%, wiping off nearly $593 billion in the biggest market capitalisation loss in history. "We are on the front edge of an urgent re-evaluation of a narrative that has gripped the market for almost two years. Tha...