Markets & Money News
Latest news and updates on Markets & Money from AXL Media.
Latest Articles
- Gold Prices Surge Past $5,000 Milestone as Global Central Banks Aggressively Expand Strategic Reserves
Published: May 1, 2026
Section: Metals
For the first time in history, the price of gold has crossed the $5,000 mark, driven by a massive surge in demand from central banks in emerging economies. Since 2022, official res...
- Global Commodities Surge as Geopolitical Tensions in the Strait of Hormuz Drive Crude Oil and Base Metals Higher
Published: Apr 30, 2026
Section: Investing
Midday trading on April 30, 2026, saw a significant rally in energy and metal markets, fueled by escalating maritime tensions between the United States and Iran. While domestic Chi...
- Wall Street Closes Mixed as Soaring Oil Prices and Federal Reserve Dissent Rattle Global Markets
Published: Apr 30, 2026
Section: Investing
U.S. equity markets finished a volatile Wednesday session with mixed results as crude oil surged toward $120 per barrel following news of a prolonged Iranian blockade. While the Fe...
- Brent Crude Surges to $126 Per Barrel as Reports of Potential U.S. Military Action Against Iran Rattle Markets
Published: Apr 30, 2026
Section: Iran War
Global oil prices reached a four-year high on April 30, 2026, following intelligence reports that U.S. Central Command is preparing to brief President Donald Trump on potential mil...
- Kenya Sacrifices Domestic Energy Sovereignty as Changamwe Refinery Idles Amid Turkana Oil Exports
Published: Apr 30, 2026
Section: Africa
Strategic analyst Alex Munyua argues that Kenya has trapped itself in a cycle of dependency by exporting raw crude while importing refined fuel at massive costs. Despite discoverin...
- Iranian rial plunges to record low of 1.8 million per dollar as US naval blockade tightens
Published: Apr 29, 2026
Section: Iran War
The Iranian rial has collapsed to a historic low on the unofficial market, trading at 1.8 million against the US dollar as a maritime blockade of Iranian ports enters its third wee...
- Indian Benchmarks Yield to Regulatory Tightening and Geopolitical Tension as Banking Stocks Lead Market Decline
Published: Apr 28, 2026
Section: Cards & Loans
The Nifty 50 and Sensex resumed their downward trajectory on Tuesday, April 28, 2026, pressured by the Reserve Bank of India’s new credit-loss guidelines and rising crude oil price...
- New Economic Analysis Reveals Delaying Infant Hepatitis B Vaccinations Triggers Substantial Health Costs and Infection Spikes
Published: Apr 28, 2026
Section: Global Economy
An economic evaluation published in JAMA Pediatrics found that even minor delays in the hepatitis B vaccination schedule lead to significant increases in viral infections and medic...
- NMDPRA Sets Aviation Fuel Price At N2,037 Per Litre In Abuja To Curb Market Volatility
Published: Apr 28, 2026
Section: Africa
The Nigerian Midstream and Downstream Petroleum Regulatory Authority has intervened in the aviation fuel crisis, pegging prices at N2,037 for Abuja and setting a Lagos band of N1,7...
- NNPC Crude Oil Trading Reaches Five Year High Of 1.171 Million Barrels Per Day Under Ojulari Mandate
Published: Apr 28, 2026
Section: Africa
The Nigerian National Petroleum Company Limited has achieved a significant milestone with crude oil trading hitting 1.171 million barrels per day, the highest volume in five years....
- Global Oil Prices Surge as United States Iran Peace Negotiations Reach Diplomatic Deadlock
Published: Apr 27, 2026
Section: Oil
Brent crude futures climbed 1.3% to $106.68 per barrel following the cancellation of a high level American diplomatic mission to Pakistan. Market volatility remains high as limited...
- Old Mutual Analysis Suggests South African Treasury May Extend Fuel Levy Relief Using Mining Tax Windfall
Published: Apr 26, 2026
Section: Africa
Old Mutual Investment Group (OMIG) indicates that the South African government possesses the fiscal capacity to extend the R3 fuel levy cut beyond its current three-month window. S...