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MIDDLE EAST ENERGY SHOCK
World Bank in talks with 30-40 countries over aid to tackle Middle East energy shockThe World Bank is in talks with numerous countries to address energy price increases stemming from the Middle East crisis. While the global...- Brent commands a war premium as Middle East supply risks keep oil on edgeBrent crude is trading above $100 a barrel as geopolitical tensions and supply risks in the Middle East sustain its premium over WTI. For I...
- 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...
- World economic growth to slow to 2.6% in 2026, UN trade body saysGlobal economic growth is projected to slow to 2.6% in 2026 amid energy shocks from the Middle East crisis. Trade in goods and services is ...
- Gold price prediction: Gold rate witnesses volatile October, check prices to target for bullion precious metalGold price prediction: Gold rate's topsy-turvy momentum comes as investors assessed the minutes of the US Federal Reserve's September meeti...
- 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...
- ET Alpha Wealth Summit 2.0: Will the AI bet pay off? Nilesh Shah weighs inAt ET Alpha Wealth Summit 2.0, Kotak Mutual Fund’s Nilesh Shah highlighted the uncertain payoff from massive investments in artificial inte...
- 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...
- IMF chief warns energy shock, growing debt and AI risks threaten global growthIMF chief Kristalina Georgieva warned that high energy prices, record public debt and the AI investment boom are fuelling inflation and thr...
- 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...
- Oil Price Today (October 7): Crude oil rises to $101, up 45% in 3 months. Two reasons behind Wednesday’s surgeBrent futures gained 93 cents, or 0.92%, to $101.51, while US West Texas Intermediate (WTI) crude rose 90 cents, or 1.01%, to $90.30 a barr...
- The day the fault lines cracked: October 7’s aftershocks travelled from Israel and Gaza to Iran, Red Sea and $100 oilIt started at the Gaza border. Then came Hezbollah, Houthi attacks, rerouted ships, an Israel-Iran war, American strikes and an oil shock. ...
- Haldia to revamp feedstock mix after Mideast war hit supplies, executive saysIn response to disruptions from the Middle East conflict, Haldia Petrochemicals Ltd is set to broaden its feedstock sourcing strategies. Cu...
- 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...
- Global Market: BOJ's Uchida warns AI boom could trigger market correctionShinichi Uchida, the Deputy Governor of the Bank of Japan, underscored the significant influence of artificial intelligence on the financia...
- BOJ says AI boom may have eased financial conditions, warns of market risksBank of Japan Deputy Governor Shinichi Uchida said the global AI boom may have eased financial conditions by stoking demand and boosting as...
- Oil Price Today (October 5): Crude oil dips $101 despite simmering Iran war tensions. Here’s whyBrent crude futures fell 70 cents, or 0.69%, to $101.60 a barrel, while US West Texas Intermediate crude was at $90.15 a barrel, down 90 ce...
- Fed's Cook sees AI inflationary push as a top 2027 riskCook joined a unanimous vote last month at the Fed to raise the policy rate by a quarter of a point to support a "timelier" return of infla...
- Global economy is shifting East, Global South must seize the moment: Shaktikanta DasThe Principal Secretary-2 Shaktikanta Das outlined the challenges and opportunities facing Global South economies during recent discussions...
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