New Overnight Developments Abroad - Daily Update
Decline of Oil Price Extended in Spite of Iranian Attacks on Tankers
October 6, 2026
Oil price movements continue to dominate other financial markets. Despite stepped-up attacks by Iran on ships in the Strait of Hormuz, a downtrend has continued in the cost of oil that followed the G7 agreement to release some emergency stockpiled diesel and resumed oil flowing through the Saudi East-West pipeline. The prices of both West […] More
