S&P 500 7,509 -0.46% Nasdaq 25,837 -1.03% Dow Jones 52,225 -0.54% FTSE 100 10,734 +2.08% DAX 25,095 +0.38% Nikkei 225 66,116 -3.83% Hang Seng 24,893 +0.86% WTI Crude 86.76 +5.18% Gold 4,137 +3.11% US 10-Year Treasury Yield 4.642 +1.60% S&P 500 7,509 -0.46% Nasdaq 25,837 -1.03% Dow Jones 52,225 -0.54% FTSE 100 10,734 +2.08% DAX 25,095 +0.38% Nikkei 225 66,116 -3.83% Hang Seng 24,893 +0.86% WTI Crude 86.76 +5.18% Gold 4,137 +3.11% US 10-Year Treasury Yield 4.642 +1.60%

LATEST

Pakistan Scrambles for Oil Alternatives as Hormuz, Red Sea Risks Mount●Your Money, the World’s Biggest Companies: How Luno Is Changing the Investment Conversation for Nigerians●CREDICORP Launches C.L.I.C.K.D. Scheme to Finance Laptops for 3MTT Fellows●LECON Finance Records 215% Profit Growth, Expands Assets to N33.1 Billion and Earns Top-Tier Credit Ratings●Madison River invests in construction firm Pro-Max●Trump Tariffs on Generic Drugs Puts $9.7bn Indian Exports at Risk●Another airline cancels three flights to the US, offers refunds●Knox Lane acquires health tech firm Cross Country Healthcare Inc●Pakistan Scrambles for Oil Alternatives as Hormuz, Red Sea Risks Mount●Your Money, the World’s Biggest Companies: How Luno Is Changing the Investment Conversation for Nigerians●CREDICORP Launches C.L.I.C.K.D. Scheme to Finance Laptops for 3MTT Fellows●LECON Finance Records 215% Profit Growth, Expands Assets to N33.1 Billion and Earns Top-Tier Credit Ratings●Madison River invests in construction firm Pro-Max●Trump Tariffs on Generic Drugs Puts $9.7bn Indian Exports at Risk●Another airline cancels three flights to the US, offers refunds●Knox Lane acquires health tech firm Cross Country Healthcare Inc●

Commodities

Oil Jumps Nearly 4% as Houthis Threaten Red Sea Blockade

Oilprice.com · 1h ago · 🇺🇸 United States

Oil Jumps Nearly 4% as Houthis Threaten Red Sea Blockade

Oil prices jumped by nearly 4% early on Wednesday as concerns about crude supply from the Middle East intensify with threats to shipping at both chokepoints in the region, the Strait of Hormuz and the Bab el-Mandeb Strait. Brent Crude prices jumped by 3.75% to trade at $94.42, following reports that the Iran-aligned Houthis are ready to attempt the closure of Bab el-Mandeb, which would choke supply from the Saudi port of Yanbu on the Red Sea. The U.S. benchmark, WTI Crude, was rising by 3.69% to trade at $87.45 per barrel. Saudi Arabia has managed…

Read the full story at Oilprice.com →

More Commodities

Pakistan Refiners Seek US, Nigerian Oil as Red Sea Risks Rise

EUROS · 13m ago

Second FPSO oil train boosts Brent-linked production growth

Offshore Energy · 58m ago

TGS gets the ball rolling across three continents

Offshore Energy · 1h ago

Chevron books Velesto’s 2015-built rig on multimillion-dollar gig in Southeast Asia

Offshore Energy · 1h ago