Despite fears of an oil crisis following Israel's attack on Iran, crude oil prices have surprisingly stabilized. Learn why the market is resilient and what factors are keeping prices in check.
Crude oil prices experienced a significant drop as President Trump announced a delay in deciding on U.S. involvement in Israel's attacks on Iran, offering a glimmer of hope for market stability amidst rising tensions.
On the first trading day of June, U.S. stock futures fell over 0.3%, despite a strong May. Treasury yields rose amid budget concerns, while crude oil prices surged after Ukraine's drone attack on Russian military airports.
World stocks reached a six-week high following a U.S.-UK trade deal that lowered tariffs on certain goods. Analysts warn that while optimism is high, the fundamentals may not support this surge. Discover what this means for investors!
In a bold move, President Trump announced a 25% tariff on countries purchasing oil from Venezuela, effective April 2. This decision comes amid accusations of Venezuela's ties to terrorism and has significant implications for global oil prices.
