Searched for
STRAIT OF HORMUZ BLOCKAGE
Hormuz halt forces Middle East trade into huge rewiringA year after a US-Israel and Iran conflict, Siemens Energy explored alternative routes to Dammam, Saudi Arabia, due to potential Strait of ...
Indian economy, government finances, see mounting costs from Iran warIndia's economy, once humming with benign inflation and steady growth, now faces mounting costs from the Iran war. As a major oil importer,...
RBI MPC: A challenge Shaktikanta Das contained may be resurfacing againIndia's central bank, the RBI, confronts a new inflation challenge. Rising oil prices and supply disruptions threaten to undo recent progre...
War weighs on global growth with price worries intensifyingGlobal economic momentum is slowing. Businesses face rising inflation pressures due to an energy crunch. Manufacturing and services sectors...
Rising oil prices, gold imports to widen trade deficit, CAD may touch 1.5-2% of GDP: ICICI SecuritiesWith the West Asia conflict persisting and global oil prices likely to average around USD 100/bbl, India's current account deficit could ri...
A tiny oil lifeline reopens through tense Hormuz after months of chokeholdMore oil tankers are navigating the Strait of Hormuz. This offers some relief to the global oil market. Several ships carrying crude oil ha...
Jane Street rakes in record first-quarter trading haul of $16.1 billion, sources sayJane Street achieved a record $16.1 billion in trading revenue for the first quarter, driven by market volatility and gains in AI company s...
Summer flights get costlier worldwide as jet fuel crisis and oil supply disruptions hit airlines hardAir travel may become costlier this summer as airlines face rising fuel prices and supply problems. Many carriers are cutting flights and i...
China says will play 'greater role' in ending Mideast fightingChina's Foreign Minister Wang Yi said Beijing would play a "greater role" in ending hostilities in the Middle East during talks with his Ir...
Brent crude hits $119/barrel after UAE says Iranian drone attack hit oil facility, raising global oil supply fearsBrent oil price rise is linked to Middle East tension after a drone attack in the United Arab Emirates. Supply fears are growing as key oil...
As talks stretch, Trump says 'prefer not' to strike Iran againUS President Donald Trump voiced frustration over Iran negotiations. He stopped short of threatening new airstrikes. Trump stated he was no...
Gulf states in limbo as US-Iran crisis drags onGulf nations grapple with war and peace as Iran's Strait of Hormuz blockade cripples energy exports. Infrastructure damage requires extensi...
France finance minister says Hormuz must open, G7 ready to mitigate war falloutG7 finance leaders are focused on the economic impact of the Middle East conflict. They are prepared to address soaring energy prices and t...
Europe may run out of jet fuel in 6 weeks: Why IEA warns Europe could face flight chaos as Iran war sparks a global energy crisisEurope jet fuel shortage: Europe faces a potential six-week jet fuel shortage due to ongoing supply blockages from the Iran war, raising co...
Will US naval blockade on Iranian ports successful in ending already-fragile ceasefire? Global oil, Strait of Hormuz, Donald Trump, Iran tensions explainedWill US naval blockade on Iranian ports successful in ending already-fragile ceasefire? The United States has launched a naval blockade tar...
Israel-Iran war: UAE joins Bahrain in urging UNSC action on Strait of HormuzIsrael-Iran war: The UAE backs Bahrain's call for UN Security Council action on the Strait of Hormuz. This critical waterway faces threats ...
China says US-Israeli strikes 'root cause' of Starit of Hormuz disruptionChina holds the United States and Israel responsible for the Strait of Hormuz closure. President Trump urged nations relying on oil from th...