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Wall Street stocks rise on hopes for US-Iran ceasefire

Wall Street stocks rise on hopes for US-Iran ceasefire

Wall Street stocks pushed higher Monday on hopes for a ceasefire in the Middle East conflict even as oil prices also climbed. US President Donald Trump doubled down on his threat to wreck Iran's civilian infrastructure, brushing off questions about violations of international law and defending a profanity-

European drivers choke on rising diesel prices

European drivers choke on rising diesel prices

The price of diesel fuel has rocketed by more than 30 percent across Europe since the start of the Middle East war highlighting the continent's dependence on imported energy and the lingering prominence of diesel on the car market. The Easter holiday weekend across Europe is expected to

DEQ and BLM seeking input on planned Montana and Wyoming pipeline project

DEQ and BLM seeking input on planned Montana and Wyoming pipeline project

A project intended to bring oil from the Canadian border down through Montana to Wyoming is now seeking public input on its planned route for its 647-mile pipeline. The route enters into Montana from a currently undisclosed location in Canada. It crosses Saskatchewan border in Phillips County traveling through

Middle East war: global economic fallout

Middle East war: global economic fallout

Here are the latest economic events in the Middle East war: - More ships pass Hormuz - A French-owned and a Japanese-owned vessel are among a handful of ships to have transited the war-torn Strait of Hormuz, maritime tracking data showed Friday. The passage, a vital route for oil

Oil surges, stocks mixed as Trump dashes hopes of quick end of war

Oil surges, stocks mixed as Trump dashes hopes of quick end of war

Oil prices surged Thursday after US President Donald Trump threatened more heavy strikes on Iran, while global equity markets reacted indecisively to the latest developments in the conflict. In a prime-time address Wednesday night, Trump warned that more bombing could take Iran "back to the Stone Ages"

Oil price hits rare premium after Trump speech

(The Center Square) – Global oil prices soared after second-term Republican President Donald Trump’s address to the nation Wednesday night. West Texas Intermediate crude traded at an unusual premium over the global benchmark, European Brent, as the market braced for a prolonged conflict with Iran. In a rare market

Pakistan hikes petrol, diesel prices due to Middle East war

Pakistan hikes petrol, diesel prices due to Middle East war

Pakistan's government on Thursday drastically raised fuel prices in response to spiking global energy prices caused by the Iran war, the country's petroleum minister said in a press conference. The new prices mark an increase of 42.7 percent in petrol prices and 54.9 percent