Oil

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Oil

Hims stock jumps 50% as Novo Nordisk ends lawsuit, strikes deal

Telehealth platforms are becoming a gateway for access to blockbuster weight loss medicines. That shift became clearer on Monday after Novo Nordisk dropped its patent infringement lawsuit against digital health provider Hims & Hers. The Danish pharmaceutical company has instead agreed to allow Hims to distribute its branded semaglutide drugs through its telehealth platform. The

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Oil

Lockheed Martin stock: prepares for windfall as Iran war continues

Lockheed Martin stock price has gone vertical since 2024 and is now hovering near its all-time high. LMT was trading at $671 on Friday, down slightly from the all-time high of $692. It remains about 66% from its lowest point in 2025, and this trend may continue as demand continues rising. Lockheed Martin to benefit

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Nigel Farage buys stake in Bitcoin treasury firm as crypto push grows

Nigel Farage has taken a direct position in the growing corporate Bitcoin treasury sector after investing £215,000 in Stack BTC, a London-listed company focused on accumulating the digital asset. The Reform UK leader now holds a 6.31% stake through his media vehicle Thorn In The Side, according to a release issued Monday. The move links

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Oil

Analysis: Can Gulf oil find new routes if Hormuz remains shut?

With conflict escalating in the Middle East Gulf, the crucial Strait of Hormuz has effectively shut down, immediately halting the transit of oil and casting deep uncertainty over the fate of roughly 16 million barrels per day (bpd) of crude exports from the region. As flows through this vital chokepoint grind to a standstill, the

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Oil

Dow sinks 800 points as stagflation panic sends Wall Street into freefall

Wall Street opened Monday to a continuation of last week’s carnage as the Dow Jones shed over 800 points in early trade. The indices were dragged lower by a double-shot of pain: oil surging past $100 a barrel on Monday morning and stagflation fears hardening after Friday’s devastating jobs report. S&P 500 and Nasdaq futures

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How Iran Israel conflict is shaking Middle East airlines, global tourism

The Iran-Israel conflict has quickly spilled into the global travel industry, triggering flight cancellations, airspace closures, and major disruption across the Middle East. Missile and drone strikes across Gulf countries have forced airlines to suspend operations and reroute aircraft, leaving thousands of travellers stranded and forcing airlines to rapidly adjust flight paths. One of the

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Oil

Oil turmoil widens Brent-WTI gap, drives diesel, jet fuel cracks

Global oil markets were thrown into turmoil as disruptions to critical supply routes through the Strait of Hormuz caused oil prices to surge dramatically, widening price gaps between different crude grades, refined products, and futures contracts. The price differential between Brent and West Texas Intermediate (WTI) crude oil has recently expanded, reaching a peak of

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Oil

Indian paint stocks slump as crude surge, weak demand hit margins

Indian paint companies are facing renewed pressure as rising crude oil prices, softer demand trends, and intensifying competition weigh on the sector’s outlook. Shares of major paint manufacturers have declined sharply in recent trading sessions, reflecting concerns that higher input costs and slowing consumption could squeeze profitability. The sector’s vulnerability stems largely from its heavy

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Oil

Top crypto to watch: Pi Network, Polkadot, Sei, Pump, Starknet

The crypto market was highly volatile last week as the war in Iran continued and the US published weak jobs numbers. Bitcoin price soared to $74,000 and then pulled back to $66,000 as inflation concerns remained. This article explores some of the top crypto to watch this week, including Polkadot (DOT), Pi Network (PI), and

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Oil

Crude oil price surges to $115 on Hyperliquid as Kuwait, UAE slash production

Crude oil price continued rising this weekend as the war in Iran continued, pushing some key countries to slash their output. Hyperliquid futures show that West Texas Intermediate (WTI) soared to $115 on Sunday, much higher than Friday’s close of $90. Brent, the global benchmark, rose to $117, the highest level since 2022. WTI crude

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