The Latest Breaking News on Markets

The Australian Securities Exchange finished 0.3 per cent higher and the local currency hit a five-day high after the Reserve Bank raised interest rates.

The tech-heavy NASDAQ Composite surged more than 1% on March 16, 2026, snapping a string of recent losses as investors welcomed signs of cooling tensions in the Middle East and a pullback in crude oil prices.

Global oil prices have surged past $100 per barrel due to escalating Middle East tensions, particularly concerning the Strait of Hormuz. This volatility directly impacts fuel costs for UAE residents, with prices expected to rise if crude remains high. Other GCC nations also face potential price adjustments, though subsidies offer…

Brent crude oil is trading near the $105 per barrel level as Gulf countries report more attacks by Iran with the war entering its third week

The Dow Jones Industrial Average ended lower on March 13, 2026, closing at 46,558.47 after shedding 119.38 points or 0.26%, as persistent geopolitical tensions from the U.S.-Iran war continued to push oil prices higher and weigh on investor sentiment.

Efforts to boost crude supplies did little to stem worries of rising oil prices and inflation ahead of next week's Fed meeting.

Asia shares are mostly lower, tracking Wall Street losses, while oil prices hover around $100 per barrel

Surging oil prices sparked another volatile session for stocks on Thursday – and exacerbated worries of rising inflation.

Fuel prices influence nearly every part of daily life. From daily commuting to the cost of groceries and transportation, even a small change at the petrol pump can affect the entire economy. Recently, global oil markets witnessed a dramatic shift as crude oil prices surged close to $100 per barrel,…