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MIDDLE EASTERN WAR ENERGY IMPACT
Oil falls to pre-war levels on rising Middle East supplyOil prices have dropped to pre-Iran war levels as increased Middle Eastern supply overshadows demand worries. Flows through the Strait of H...- Rubio in Middle East tour says any Iran deal will ensure security of Gulf alliesU.S. Secretary of State Marco Rubio assured Gulf Arab allies that any deal with Iran would prioritize their security interests. Concluding ...
- Tata Motors bullish on CV demand as India growth can outweigh Iran war impact in long termTata Motors anticipates short-term headwinds for commercial vehicle demand due to West Asia war-induced diesel price hikes. However, MD & C...
- Oil prices fall as tankers exit Strait of HormuzOil prices are dropping significantly as tankers resume passage through the Strait of Hormuz following a preliminary peace accord between t...
- Trump orders probe because gas prices not falling enoughDonald Trump said on Wednesday he ordered an investigation into major oil companies over high gasoline prices as the US leader faces critic...
- Amnesty calls EU complicit in new Libyan crackdown on migrantsAmnesty International has accused the EU of complicity in migrant abuse in Libya, citing intensified crackdowns by rival factions. Mass arr...
- India, Taiwan ETFs see record outflows before Asia stock reboundUS-listed ETFs tracking India and Taiwan saw record outflows in March amid currency weakness, rising yields and energy concerns. Despite th...
- Iran war triggers global race to build oil reservesVulnerable nations, stung by the Iran war's economic fallout, are boosting oil and gas storage to weather future crises. This global push f...
- Aluminum’s war shock blunted by dark transits and Chinese supplyThe Iran war triggered one of the biggest shocks to the global aluminum market, raising fears of widespread smelter shutdowns and prices su...
- US fertilizer imports from Hormuz-affected ports fell to zero in May, data showThis disruption, stemming from the Iran conflict, has caused fertilizer prices to soar, intensifying strains on American farmers and raisin...
- Indian refiners sitting on enough crude, in no rush to resume purchases from West AsiaIndia's state-run refiners have secured enough crude for two months. They are not rushing to buy from the Middle East even if the Strait of...
- US quietly allows waiver on Russian oil to expireAmerica's Treasury has not extended sanctions waivers on Russian oil. This waiver expired at midnight. President Trump has not confirmed if...
- IEA sees gradual Hormuz recovery tipping into significant 2027 surplusThe global oil market is set for a gradual recovery. The Strait of Hormuz will reopen following a US-Iran agreement. This ends a major oil ...
- Australia relaxes Gulf travel advice in boost for Middle Eastern airlinesAustralians can now travel to the UAE, Qatar, Bahrain, Israel, and Kuwait. The government has eased travel warnings for these nations. This...
- Global Markets: Japan exports extend growth streak despite Middle East supply disruptionsJapan's exports saw a significant rise in May, fueled by a weaker yen and robust demand for semiconductors. This growth outpaced expectatio...
- Russian President Vladimir Putin hosts ASEAN leaders amid G7 pressure on Ukraine warPresident Vladimir Putin hosts a summit of Southeast Asian leaders in the central Russian city of Kazan from Wednesday, as the West pressur...
- IMF chief says no global slowdown in sight yet, but risks are highThe global economy is holding strong despite the Middle East war. Commodity prices and inflation have risen, but a global slowdown is not y...
- Fragile Iran deal offers oil relief, but Hormuz risks remainA deal between the U.S. and Iran will reopen the vital Strait of Hormuz, easing global energy supply concerns. However, unresolved disputes...
- Charting the Global Economy: War pushes up prices, dents growthThe Iran war is fueling a global inflation wave, prompting the European Central Bank to raise interest rates for the first time in nearly t...
- Shipowners on edge for news on Hormuz as ‘dark’ oil flows swellShipowners are closely monitoring a potential US-Iran peace deal and its implications for the Strait of Hormuz. While some express caution,...
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