The war in the Middle East reignites the risk of a blockade in Hormuz
XTB analysts warn that the new phase of the Iran-US war, focused on the Strait of Hormuz, raises the risk of oil supply disruptions.
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Global fossil fuel consumption reaches a new record in 2025, with oil, gas, and coal covering 86% of global energy demand, according to the Energy Institute.
XTB analysts warn that the new phase of the Iran-US war, focused on the Strait of Hormuz, raises the risk of oil supply disruptions.
Ambassador Kevin Marino Cabrera challenges Patsy Lee to apply for another visa to verify her immigration status amid revocation rumours.
Ibex 35 drops 0.25% to 19,335.7 points due to rising oil prices after the closure of the Hormuz Strait. Repsol leads gains, while banking and tourism suffer.
Repsol rises 4% on the IBEX 35, which drops 0.25%, as Brent nears $77 amid US-Iran tensions. Technology weighs on the index.
Brent rises 3.78% to $78.88 after Hormuz blockade. The Ibex 35 falls 0.40% and Asian markets plummet.
Zcash skyrockets 40% as US-Iran tensions rise, rekindling interest in financial privacy in the crypto market.
Brent trades between $76 and $77, gaining weekly due to US-Iran clashes in Hormuz, though oversupply limits rises.
Ibex 35 rises 0.32% to 19,384.7 points, boosted by steelmakers ArcelorMittal and Acerinox and expectations of US-Iran dialogue.
Ibex 35 closes the week down 2.35% at 19,384.7 points, weighed down by tensions between the US and Iran.
The IBEX 35 falls by 2.73% to 19,104 points, its largest drop since March, due to tensions between the US and Iran and Trump's threats to Spain.
The non-manufacturing purchasing managers' index fell to 54.0 in June, but employment rose to 51.2, according to ISM.