Markets
The war in the Middle East reignites the risk of a blockade in Hormuz
XTB analysts warn that the new phase of the Iran-US war, focused on the Strait of Hormuz, raises the risk of oil supply disruptions.
Strait of Hormuz
Latest Strait of Hormuz news
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Markets
Yen Falls Amid Tensions in Hormuz as Oil Prices Surge
The Japanese yen weakens against most currencies due to rising oil prices after Iranian attacks in the Strait of Hormuz. The BoJ keeps rates at 1%.
Companies
Ibex 35 falls by 0.25% dragged down by oil and the closure of Hormuz
Ibex 35 drops 0.25% to 19,335.7 points due to rising oil prices after the closure of the Hormuz Strait. Repsol leads gains, while banking and tourism suffer.
Markets
Brent oil rises 3.78% due to blockade in the Strait of Hormuz
Brent rises 3.78% to $78.88 after Hormuz blockade. The Ibex 35 falls 0.40% and Asian markets plummet.
Companies
Brent Heads for Third Week of Gains Amid US-Iran Tensions
Brent trades between $76 and $77, gaining weekly due to US-Iran clashes in Hormuz, though oversupply limits rises.