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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Gold falls 5.95% in July to $4,022, weighed down by fears of Fed rate hikes due to oil inflation, despite the escalating conflict between the US and Iran.
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.
IBEX 35 rises 0.3% to 19,332 points, with Brent oil at $84 and Digi Spain Telecom debuting at a valuation of €1.662 billion.
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 closes the week down 2.35% at 19,384.7 points, weighed down by tensions between the US and Iran.
The dollar falls for the second consecutive session due to escalating tensions between the U.S. and Iran and strong employment data.
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 euro drops to $1.1408 after the ceasefire with Iran ends, with Brent oil surging by 6%.
The Ibex 35 rises after the peace agreement between the US and Iran, led by tourism and airlines like IAG and Amadeus.