construction PMIs in Euroland and U.K.

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

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