Oil prices surged about 20% on Monday as the U.S.-Israeli war with Iran continued, raising fears of prolonged disruptions to energy supplies. Anton Petrus | Moment | Getty Images LONDON — European stocks opened the week’s final trading session in negative territory, as investors continued to weigh the ongoing conflict in the Middle East and its lasting…
Global oil prices have surged past $100 per barrel for the first time in over five years as the escalating conflict involving the United States, Israel and Iran disrupts supplies through the Strait of Hormuz. The price of Brent crude has jumped to $109.18 per barrel, crossing the $100 mark for the first time in…
President Trump weighed in Monday on the plight of Iran’s national women’s soccer team, who were caught up in the geopolitical ramifications of the U.S.-Israeli war on their home country as they participated in the women’s Asian Cup in Australia, offering them asylum in the U.S. There were calls for Australia to offer the women…
Shannon Stapleton/Reuters Apple retailer iStore has opened pre-orders for Apple’s new MacBook Neo at R11 999 for the 256GB model and R13 999 for the 512GB version – pricing that could tempt a significant volume of PC buyers to the Mac platform. At the current exchange rate, the US base price translates to roughly R10 900,…
Lunga Siyo, CEO of Telkom Consumer and Small Business at Telkom. Telkom will implement tariff adjustments across its mobile and fixed portfolios, effective 1 April. In a statement, the company says the price hikes are aimed at supporting ongoing investment in network infrastructure, service quality and customer experience. According to Telkom, South Africa continues to…
Smoke rises from an Israeli strike targeting the southern suburbs on March 5, 2026 in Beirut, Lebanon. Daniel Carde | Getty Images Asia-Pacific markets staged a late comeback Friday, after Wall Street declined overnight on worries over energy supplies. Oil prices broke through the $80 per barrel mark during U.S. trading, but eased on Friday….
On Monday morning, Brent crude climbed 9 per cent to $79.41 per barrel from $72.87 on Friday — a seven-month high — based on figures from FactSet. Oil prices surged on Monday while global equities slid, as escalating hostilities between the United States, Israel, and Iran rattled energy markets and heightened fears of a prolonged…
Iranian official threatens to “set fire” to any ships passing through the Strait of Hormuz.
Experts have warned that a prolonged conflict could push global energy prices even higher.
The price of oil surged Sunday after U.S. and Israeli strikes on Iran, which killed its supreme leader. U.S. crude oil soared 12%, while Brent, the international oil benchmark, surged 14% after trading began at 6 p.m. ET. Sunday. Even before the weekend’s escalation, oil prices had risen 17% this year off President Donald Trump’s…
