Iran, Israel and Oil
Digest more
Wall Street opened slightly lower while oil and gold rose as Tuesday marked the fifth day of fighting between Israel and Iran, with the risk of a widening conflict dampening risk appetite in a week also packed with key central bank decisions.
Implied volatilities jumped higher across asset classes last week as Middle East tensions escalated. Click to read.
A surging oil price is likely to trigger a depreciation in Asian currencies, notably the Thai baht, Taiwan dollar and Korean won, according to Barclays Plc.
A spike in international crude oil prices triggered by geopolitical tensions poses a significant risk of depreciation for several major Asian oil-importing currencies, according to analysts.
I avoid long-term oil investments due to unpredictable price swings, but high implied volatility now creates an opportunity to sell options for
Explore more
This latest iteration of the Middle East crisis is both familiar and unfamiliar. We’re all back obsessing about the oil price, yet we also know from the last few years that that same oil price has appeared somewhat impervious — oblivious?
U.S. stock indexes rose on Monday as oil prices fell after the Israel-Iran attacks left crude production and exports unaffected, allaying investor concerns ahead of a central bank policy meeting. Crude prices retreated more than 3% on reports that Iran is seeking an end to hostilities with Israel,