Markets
Oil Prices Plunge as Trump Halts Iran Strikes, Deal Nears
Oil prices fell sharply Sunday after President Donald Trump ordered U.S. forces to hold off on new strikes against Iran, citing an...
#Middle East Conflict 17 articles
World Business
OPEC+ Completes 2023 Cut Reversal with Modest Quota Hike
OPEC+ nations approved a 188,000 bpd quota increase, theoretically unwinding 2023 cuts. The move offers future flexibility once Middle East conflict ends.
Markets
Oil Prices Jump on Mideast Flare-Up; AI-Led Retreat Hits Asian Stocks
Oil prices surged early Tuesday as intensified fighting in the Middle East raised supply concerns, while Asian markets declined, primarily dragged by...
Markets
Oil Prices Jump After Strait of Hormuz Tanker Attacks
Crude oil prices rose sharply on Tuesday following projectile attacks on at least three tankers in the Strait of Hormuz, reigniting fears...
Markets
World Bank Projects 36% Brent Crude Price Jump by 2026
The World Bank forecasts Brent crude oil prices to surge 36% to an average of $94 per barrel by 2026, driven by...
Markets
Indian Equities Face Cautious Open Amid Global Pressures
Indian shares are poised for a cautious opening on Thursday, driven by escalating Middle East tensions and a robust U.S. inflation report...
Economy
Japan’s Smaller Firms’ Wage Growth Imperiled by Mideast Conflict, Cost Hikes
Japan's small firms, which employ the majority of the nation's company employees, face significant challenges in sustaining wage growth as the Middle...
World Business
Singapore’s Economic Outlook Dims Despite Q1 Beat, AI Boom Offers Buffer
Singapore's MTI warns of rising macro risks for 2024 due to Middle East conflict and global energy crunch, despite a robust 1%...
Economy
Sudan’s Farmers Face Ruin as Middle East Conflict Drives Up Costs
Sudanese farmers, already reeling from three years of domestic war, now confront soaring fuel and fertilizer prices due to the Middle East...