News
Oil climbs as tankers are attacked in Iraqi waters amid Middle East war
Oil prices climbed on Thursday after Iraqi security officials said Iranian explosive-laden boats had hit two fuel oil tankers amid other global supply disruptions from the U.S.-Israeli war on Iran.
Brent futures rose $5.69, or 6.19%, to $97.67 a barrel at 0118 GMT, and U.S. West Texas Intermediate (WTI) crude was up $5.11, or 5.86%, to $92.36.
U.S. dollar strengthens amid fresh oil price jump above $100 a barrel
The U.S. dollar steadied on Thursday, but remains firmer compared to the start of the war in Iran, as investors fret over a renewed spike in oil prices.
By 06:03 ET (10:03 GMT), the U.S. dollar index, which tracks the greenback against a basket of rival currencies, had risen by 0.1% to 99.29. Meanwhile, the euro weakened slightly by 0.1% to $1.1558, while sterling edged down by 0.2% to $1.3388.
Bitcoin hovers just under $70k as risk appetite gets a bid on Iran war end hopes
Bitcoin was higher on Tuesday, as risk appetite returned after President Donald Trump said the ongoing U.S.-Israeli war with Iran could be over soon.
The world’s largest cryptocurrency was last up 2.1% at $69,869.0 by 19:32 ET (23:32 GMT).
U.S. dollar slips amid uncertainty over when the conflict in Iran could end
A rally in the U.S. dollar paused on Tuesday, as investors assessed hopes that the joint U.S.-Israeli assault on Iran could soon come to an end.
The Dollar Index, which tracks the greenback against a basket of six major world currencies, was last down 0.3% to 98.91 at 15:47 ET (19:47 GMT).

We are a full‑service advisory options brokerage firm. In today’s fast‑paced commodities markets, it can be challenging to find an advisory partner committed to helping you fully understand both the potential profit opportunities and the inherent risks. Our focus is on providing the guidance and insight you need to navigate these complex markets with confidence.
Client Login
Company Contact
- Toll Free Number US/Canada + 1-888-770-6848
- US/ Canada Number +1-315-978-6520
- United Kingdom Number +44-203-769-0396
- info@ibsfinancials.com
- Balboa Avenue, Plaza Balboa Building, Suite No. 416, Panama City, Panama.