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UNCOVERED: 9 - The Untold Story

Inflation hits 3% in Europe as Iran war spreads oil price shock

Soaring oil prices from the Iran war pushed inflation higher to 3% in Europe in April

The Independent UK

Aussie shares slip as brent crude hits new wartime high

The local share market has endured its longest losing streak since 2018 as oil prices hit $US126 a barrel and hopes fade of a quick end to the Middle East war.

AAP

Oil prices decline after UAE says it will exit Opec amid Iran war energy crisis

Asian stocks are mostly higher despite a retreat on Wall Street

The Independent UK

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ASX continues slide as inflation points to rate hike

Resurgent inflation has increased the odds the Reserve Bank hiking the cash rate at its next meeting, with ongoing price growth to drag on company earnings.

AAP

United Arab Emirates will leave OPEC in a blow to the oil cartel

The United Arab Emirates will leave OPEC effective Friday, stripping the oil cartel of its third-largest producer and further weakening its leverage over global oil supplies and prices

The Independent UK

Signs point to bumpy road for motorists in fuel crisis

Higher fuel prices could be just weeks away as conflict in the Middle East drags on, with the nation's leaders committing to further crisis talks.

AAP

What UAE's Shock OPEC Exit After Nearly Six Decades Means for Oil Prices and the World

The UAE's decision to leave OPEC by May 2026 signals a major shift in global oil markets, influenced by geopolitical tensions and strategic national interests.

International Business Times UK

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Nasdaq Nosedives as OpenAI Is Off Target: Stock Market Today

With the Magnificent 7 all over the earnings calendar this week, a privately held company has a lot of publicly traded stocks under the microscope.

Kiplinger

UAE Quits OPEC Effective May 1: 10 Key Facts on Shocking Exit

The United Arab Emirates announced Tuesday it will leave both OPEC and the broader OPEC+ alliance effective May 1, delivering a major blow to the oil producers' group and its de facto leader Saudi Arabia amid the ongoing Iran conflict that has severely disrupted Gulf energy exports.

International Business Times

Decision by the UAE to leave OPEC shakes up alliance that influences oil prices worldwide

The decision by the United Arab Emirates to leave the OPEC oil cartel shook up the 65-year-old alliance that produces some 40% of the world’s crude oil and exerts major influence over the price of energy around the globe

The Independent UK

UAE quits Opec in win for Trump as oil cartel weakened

US president has accused organisation of ‘ripping off the rest of the world’ by inflating oil prices

The Guardian - UK

Goldman Sachs Raises Oil Forecasts For 2026 As Strait Of Hormuz Remains Closed

Goldman Sachs has elevated its oil forecasts for the year as the Strait of Hormuz remains closed and prices continue to be elevated.

International Business Times

Your Stock Portfolio Just Got Hammered: Here's a Tax-Smart Way to Recover

If your stock portfolio took a beating this spring, there's a little-known tax strategy that lets you defer — and potentially eliminate — capital gains taxes.

Kiplinger

Asian shares are mixed and oil gains more than $1 as Iran talks remain in flux

Shares are mixed in Asia and Tokyo has hit a fresh record after U.S. stocks ended last week with new highs

The Independent UK

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The Independent UK

Oil prices reach $105 as Iran and US tighten grip on Strait of Hormuz

Stocks in South Korea, China and Hong Kong fell, while Nasdaq and S&P 500 futures advanced

The Independent UK

Asian stocks slip, tracking Wall Street losses, and Iran war doubts push oil higher

Shares are mostly lower in Asia, apart from Tokyo, and oil prices have extended gains as talks on ending the war with Iran were stalled

International Business Times

ASX 200 Slides 0.57% as Geopolitical Jitters and Profit Warnings Weigh on Australian Shares

The S&P/ASX 200 index closed lower Thursday, shedding more than 50 points as renewed uncertainty over the Strait of Hormuz, a sharp drop in a major healthcare stock and broad sector rotation left investors cautious despite some resilience in energy and gold-related names.

The Independent UK

Cost inflation for UK firms jumps to three-year high amid Iran war

Survey data also found that private sector growth rebounded this month as firms sought to build up stocks.

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The Independent UK

Oil prices hold above $100 as Iran seizes ships in Strait of Hormuz and peace talks stall

Iran seized two container ships seeking to exit the Gulf via the strait on Wednesday, tightening its grip on the waterway

AAP

ASX dips, oil rises as conflict realities weigh heavily

A grim geopolitical outlook is weighing on the local bourse, as the US-Iran conflict and its resulting energy shock push the global economy towards recession.

The Independent UK

Asian benchmarks are mixed in cautious trading amid uncertainty about US-Iran ceasefire talks

Asian shares are mixed in cautious trading as investors watch for next steps in the U.S.-Iran conflict

The Independent UK

Asian shares are mixed and oil prices little changed as investors watch for US-Iran talks

Shares are mixed in Asia and oil prices are little changed as markets watch for the latest developments in the war with Iran

Kiplinger

Stocks Turn Lower on Iran Worries: Stock Market Today

Stocks gave up early gains Tuesday on concerns the U.S.-Iran ceasefire deadline could expire without a peace deal in place.

International Business Times UK

When Will Gas Prices Go Down? Experts Warn Relief May Take Months

US petrol prices remain high due to geopolitical tensions and supply concerns. Analysts predict gradual relief as market conditions stabilize.

International Business Times

Oil Prices Ease to $94 as US-Iran Talks Offer Hope but Hormuz Risks Linger

World oil prices slipped modestly Tuesday amid tentative optimism over U.S.-Iran diplomatic efforts, with Brent crude hovering near $94.70 per barrel as traders weighed mixed signals from the Middle East against lingering threats to global energy supplies.

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