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Oil prices jump over 5% as US-Iran stalemate keeps Hormuz supply fears alive

Brent futures rise 5% to near $117, West Texas Intermediate climbs 4.9% to around $105 as dollar gains ahead of Fed decision29 April 2026

High jet fuel costs drive up air fares, int'l aviation body says

Int'l traffic in Middle East declines around 61% in March, IATA data show29 April 2026

Higher energy prices continue to push Germany's inflation up

Energy prices up 10.1% in April, highest since February 202329 April 2026

OPEC exit: Why the UAE is leaving and what it means

Move may have limited immediate market impact due to Iran war and Hormuz disruption, but could reshape longer-term oil supply dynamics, experts say 29 April 2026

April inflation data to test global markets amid Middle East energy shocks

- March price spikes keep investors on edge as April data to gauge broader inflation impact29 April 2026

All eyes turn to Fed’s rate decision amid mixed trend in global markets

Wednesday’s monetary policy meeting may be Fed Chair Jerome Powell’s last with his tenure coming to a close, while investors lock into Magnificent 7’s financial statements29 April 2026

US stocks close lower as chip sell-off, oil prices pressure Wall Street

Tech-heavy Nasdaq falls 0.9%, S&P 500 loses 0.49% after hitting record highs previous day; Dow drops 0.05%29 April 2026

US says 15% of reviewed tariff refund entries denied so far

Thousands of importers seeking refunds after Supreme Court overturned tariffs imposed under emergency powers28 April 2026

European stocks close mixed amid geopolitical concerns, earnings reports

Stoxx 600 falls 0.37%, France's CAC down 0.46%, Germany's DAX drops 0.27%; UK's FTSE up 0.11%28 April 2026

Middle East war to trigger biggest energy price surge in 4 years: World Bank

Energy prices projected to rise 24% this year to highest since Russia’s invasion of Ukraine; overall commodity prices expected to climb 16%28 April 2026

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