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Hormuz Tensions Rise as RBA Warns of Persistent Inflation; AB InBev and UniCredit Post Strong Earnings

Key Takeaways Iran warns of a "new equation" in the Strait of Hormuz, claiming the U.S. has jeopardized energy transit; […]

Key Takeaways The Reserve Bank of Australia (RBA) raised its cash rate by 25 basis points to 4.35%, marking its

Key Takeaways HSBC (HSBC) reported a Q1 pretax profit of $9.38 billion, missing analyst estimates of $9.59 billion despite a

Key Takeaways Brent crude slips over 1% to $113.27 a barrel, following a decline in U.S. crude futures as markets

Key Takeaways Indonesia’s rupiah plummeted to a historic all-time low of 17,390 per dollar at the start of trade on

Key Takeaways Middle East tensions escalate following attacks on the U.A.E. and commercial shipping, causing oil prices to slide as

Key Takeaways Brent crude surged above $114 per barrel, hitting a four-year high after renewed clashes between the United States

Key Takeaways Brent crude jumped approximately 6% to top $114 per barrel as military exchanges between the US and Iran

Key Takeaways Chevron CEO Mike Wirth warns of emerging physical oil shortages following the closure of the Strait of Hormuz,

Key Takeaways Brent crude futures surged 5.8% to close at $114.44 per barrel following a large-scale Iranian missile and drone