Yahoo Finance

LONDON, May 27 (Reuters) - Three months since the Iran war began, persistently high oil prices have policymakers grappling with renewed inflation fears, while sliding currencies are a headache for some Asian countries.
But the conflict has boosted other assets, especially oil, and the dollar's credentials as a safe-haven.
Here's a look at some stand-out winners and losers.
Oil's roughly 40% jump has upended the outlook for inflation and interest rates.
On the physical market, crude prices are well above $100 a barrel and, at one point in early April, were nearly double what they were pre-war.
A record 400-million-barrel release from the strategic reserves of major economies, together with traders finding alternative sources, has helped cushion the loss of supply.
But the strain on the global energy system is growing.
Global stocks have so far weathered the storm, as renewed AI optimism and broader hopes for a peace deal overshadow the negative impacts of the war.
stocks are at record highs, as is South Korea's Kospi.
European shares are nudging at all-time highs.
SK Hynix topped $1 trillion in market value for the first time on Wednesday, joining its memory chip rivals Samsung Electronics and Micron Technology in reaching the milestone on an AI-driven rally.
The S&P 500 passenger airlines index is down more than 6% since the conflict began amid global flight disruption.
| Product | Price | Change |
|---|---|---|
| Brent Crude | $102.14/bbl | +0.34% |
| WTI Crude | $96.90/bbl | +0.21% |
| EN590 Diesel | $846/MT | +0.18% |
| Jet Fuel A-1 | $1090/MT | +0.55% |
| Mazut M100 | $450/MT | -0.15% |
| Bitumen 60/70 | $470/MT | +0.08% |
| Sulphur Gran 99.5% | $470/MT | -0.44% |
| Urea 46% Gran | $650/MT | +1.12% |
| NPK 16-16-16 | $460/MT | -0.28% |
| Nat Gas TTF | $15.42/MMBtu | +0.92% |
Comments
Post a Comment