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...
#Middle East Conflict 14 articles
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...
Markets
Gold Gains as Iran Reviews U.S. Peace Terms
Gold prices extended gains for a third day on May 7, 2026, as Iran reviewed a U.S. peace proposal aimed at ending...
Markets
Iran Peace Plan Boosts Gold, Easing Middle East War Fears
Gold prices advanced as Iran sent a new peace proposal to the U.S. via Pakistan, easing Middle East war concerns. This diplomatic...
Markets
Air Canada’s Q1 Revenue Climbs, Annual Outlook Suspended on Mideast Conflict
Air Canada reported a net profit for Q1 2026, driven by strong network demand and increased revenue. However, the airline suspended its...