Konrad Wysocki

Konrad Wysocki is a senior markets reporter at Bez-kabli.pl, specializing in technology stocks, artificial intelligence and global financial markets. A graduate of the University of Rzeszów, he previously worked in investment research and market analysis. His coverage helps readers understand the key trends, companies and innovations influencing investors worldwide.

Strait of Hormuz closure pushes oil above $80 and gas to a 3-year high as Iran attacks snarl shipping

Strait of Hormuz closure pushes oil above $80 and gas to a 3-year high as Iran attacks snarl shipping

Brent crude climbed more than $3 on Tuesday, pushing its three-day rally further as the U.S.-Israeli conflict with Iran ramped up and new threats to shipping in the Strait of Hormuz stoked concerns over potential supply hits. As of 0745 GMT, Brent was trading at $80.89 a barrel; U.S. West Texas Intermediate stood at $73.78, according to Reuters. The Strait of Hormuz—wedged between Iran and Oman—handles roughly a fifth of the world’s oil flows, plus hefty gas shipments. After tanker attacks, vessel traffic has plunged. “Traffic is down at least 80 percent,” Michelle Bockmann, senior maritime intelligence analyst at Windward, told Al Jazeera.
March 3, 2026
IAG shares slide again as oil spike and flight cuts rattle British Airways owner

IAG shares slide again as oil spike and flight cuts rattle British Airways owner

IAG shares were down 3.4% at 386.8 pence by 0835 GMT on Tuesday, extending a sharp pullback in the airline group’s stock. The shares closed at 400.5 pence on Monday. The move comes as airlines and investors try to price the knock-on effects of the U.S. and Israeli war against Iran, including disrupted routes and higher fuel bills. Qantas CEO Vanessa Hudson said the carrier had “pretty good” fuel hedging — contracts that lock in prices — but called the oil spike “significant” for aviation.
March 3, 2026
BAE Systems share price dips after 52-week high as Middle East war keeps investors jumpy

BAE Systems share price dips after 52-week high as Middle East war keeps investors jumpy

London, March 3, 2026, 08:32 GMT — Regular session Shares of BAE Systems plc slipped 0.85% to 2,222 pence by 0816 GMT in early London trading on Tuesday, as investors stepped back after Monday’s sharp run-up in defence stocks. The FTSE 100 group, which carries a market cap near £65 billion, ended Monday at 2,241 pence, having touched a 52-week high of 2,288 pence during the session.
March 3, 2026
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