Oil markets are bracing for the possibility of a historic price surge, with prices potentially rising to between $150 and $200 per barrel if the Strait of Hormuz remains partially closed through mid-May, according to warnings from JPMorgan and other institutions.
During Thursday’s ...
The British pound posted another bearish week, marking a second consecutive weekly decline for the GBP/USD pair, with geopolitical concerns — rather than domestic factors — acting as the primary driver. At present, market participants do not expect the Bank of England to resume rate ...