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MIDDLE EAST CONFLICT IMPACT
India to be fastest-growing large economy at 7.3% in 2026 as global trade slows to 4%, says UNCTADGlobal trade is projected to grow by 4% in 2026, which is slower than the 4.4% expansion in 2025. Increased trade values are driven by risi...
Global trade to grow 4% in 2026, slower than 4.4% in 2025: UNCTADGlobal trade is projected to grow by 4% in 2026, although slower than the previous year. The report indicates higher trade values resulting...
US consumer sentiment deteriorates further in OctoberThe University of Michigan's Surveys of Consumers said its Consumer Sentiment Index dropped to 46.3 this month from a final reading of 48.1...
- ETSA 2026: Middle East tensions hit space supply chains, says Pixxel CTO Kshitij Khandelwal
Speaking at a panel discussion at the Bengaluru event, Khandelwal said the availability of components such as detectors had become a challe...
Global Market: Singapore likely to tighten monetary policy as growth and inflation risks mountSingapore’s central bank is widely expected to tighten monetary policy on October 14 as resilient economic growth and rising inflation risk...
Putin offers help to Iran to end Middle East war ahead of CIS summitRussia's President Vladimir Putin met with Iran's Masoud Pezeshkian to discuss ending the Middle East conflict. During their talks in Turkm...
Saudi, UAE join Japan-led push to bolster Asian oil buffersSaudi Arabia and the United Arab Emirates are joining Japan's efforts to strengthen oil supply security in Southeast Asia. This collaborati...
81 US aircraft lost in Iran war: Why the MQ-9 Reaper losses could be a bigger warning for America than the billions spent replacing themThe United States has reported losses of 81 military aircraft during its ongoing conflict with Iran. Among these, 45 MQ-9 Reaper drones, us...
Oil Price Today (October 8): Crude oil jumps 2% to $102 amid rising attacks on ships in Middle East. What lies ahead?Oil prices climbed on Thursday, with Brent crude surpassing $102 a barrel as Middle East tensions and attacks on Gulf shipments heightened ...
Oil rises as Middle East supply concerns persist amid shipping attacksRising oil prices are driven by persistent supply concerns from the Middle East. This month has seen a surge in attacks on shipping in the ...
IMF reaches staff deal with Pakistan, potentially unlocking $1.2 billionThe International Monetary Fund has achieved a staff-level agreement with Pakistan for its lending programs. This agreement could potential...
Putin backs mediation efforts on Middle East war, tells Iran Moscow ready to help as US-Iran talks hit impasseRussian President Vladimir Putin told his Iranian counterpart Masoud Pezeshkian in a phone call that Moscow was ready to help efforts to me...
EIA raises oil price forecasts as Iran war tightens global marketsThe EIA raised its oil price forecasts, citing tight global inventories, limited diesel supplies and ongoing Middle East supply risks. Bren...
Need to have multiple routes under IMEC: French Special envoyGérard Mestrallet emphasized the significance of developing diverse routes for the India-Middle East-Europe Economic Corridor, especially i...
Qatar says US-Iran talks to end Middle East war continue via mediators, despite deadlock over Strait of HormuzMediator Qatar confirmed that indirect negotiations between the United States and Iran continue amid a protracted conflict. Talks have resu...
India may be best placed to fill a China-sized hole in fuel exportsIndia could emerge as a key swing supplier of refined fuels as China suspends October exports, helped by recovering Middle Eastern crude im...
US bombers redeployed to home bases after RAF Fairford terror attack probeThe U.S. Air Force has brought home its bombers stationed at RAF Fairford due to security concerns. An investigation into a potential terro...
Trump says Iran was weeks away from nuclear weapon, defends US actionIran is reportedly just weeks away from having a nuclear weapon, which concerns global leaders. US President Donald Trump highlighted the u...
Global Market: European shares head for first monthly decline in six months as yields riseEuropean shares were set for their first monthly decline in six months as Middle East tensions, higher energy prices and rising bond yields...
Rupee hits two-month low, breaches 96/USD mark as oil worries deepenThe Indian rupee has fallen to a two-month low, now at 96.1450 per dollar. Contributing factors include rising oil prices, which have heigh...