World Business
IMF: Global Growth at 3% as War Weighs, AI Lifts Outlook
The International Monetary Fund projects a sluggish 3% global economic expansion for 2026, a downgrade driven by the Iran war's energy shock,...
#iran war 25 articles
Markets
Oil Prices Retreat to Pre-War Levels as Hormuz Traffic Resumes
Global benchmark Brent crude has fallen to pre-Iran war levels, driven by the gradual resumption of traffic through the critical Strait of...
Markets
Fed, BOE Hold Rates Steady as Iran War’s Economic Impact Remains Unclear
Global central banks, including the Fed and BOE, are expected to keep interest rates unchanged, maintaining a guarded stance as the 100-day...
World Business
ECB Hikes Rates as Iran War Ignites Global Inflation Wave
The Iran war continues to push up global prices and dent growth, prompting the ECB's first rate hike in nearly three years...
Economy
US Job Openings Climb to 7.6 Million in April Despite Iran War Fallout
U.S. job openings surged to 7.6 million in April, demonstrating unexpected resilience in the labor market despite economic uncertainty stemming from the...
Economy
Iran War Fallout: Energy Markets Face Years of Disruption
Even with a peace deal, the Iran war's energy and supply chain crisis is set to persist for months or years, defying...
Finance
Goldman Flags Dual Oil Price Risk: Demand Slump Battles Iran War Supply Cuts
Goldman Sachs identifies competing forces shaping oil prices, with a demand slump potentially offsetting supply losses from the Middle East due to...
Economy
US Jobless Claims Edge Up to 215,000, Layoffs Stay Low Amid Geopolitical Strain
Initial US jobless claims increased to 215,000 last week, yet overall layoffs remain historically low despite economic uncertainty fueled by the Iran...
Economy
China’s Factory Inflation Hits Post-Covid High on Iran War Cost Shock
China's producer prices jumped 2.8% in April, the fastest since the pandemic, as the Iran war fallout sharply raised costs. This ends...