Asian markets are bracing for Trump’s promised attack on Iran’s infrastructure

Gregor Stuart Hunter

The President of the United States is beginning to count on launching attacks on the devices on Tuesday Brent crude surges above $110 a barrel, stocks rally The 10-year JGB yield hit the highest since February 1999 relative to inflation. SINGAPORE, April 6 (Reuters) – Oil prices rose, bonds fell and stocks were mixed in … Read more

Trump says the US has too much jet fuel for Europe, the market disagrees

Two lines showing monthly US jet production and demand.

US jet fuel supplies are well short of the Hormuz supply gap The US is a major consumer of jet fuel and often requires imports Higher imports could raise US jet fuel prices NEW YORK, April 1 (Reuters) – President Donald Trump this week told countries that are struggling to get jet fuel because of … Read more

US retail sales strong in February; an increase in the price of petrol will affect spending

Column chart titled 'Monthly change in US retail sales'

Retail sales increased by 0.6% in February Basic sales earn 0.5%; a large tax refund guarantees spending Production increases in March, but the supply chain continues to deteriorate WASHINGTON, April 1 (Reuters) – U.S. retail prices rose by the most in seven months in February as car prices rose and temperatures soared, but rising gasoline … Read more

The EU may revive energy crisis measures in 2022 in response to the Iran war

The Iran war has raised the price of jet fuel and diesel in Europe more than crude oil

The EU prepares measures to respond to rising energy prices Considering renewing the crisis response​​​​​​from 2022, which included the price of gas EU tells members to prepare for ‘long-term disruption’ in energy markets Jet fuel, diesel provides a large shock in a short period of time BRUSSELS, March 31 (Reuters) – The European Union is … Read more