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DWINDLING FUEL
Global Market Today: Asian stocks decline led by tech, oil holds steadyAsian markets saw a dip, led by a pullback in heavyweight chip stocks after a strong rally. US futures remained steady following a volatile...- US inflation tops 4% for first time in three years, keeping Fed hike in playUS inflation climbed to 4.1% in May, driven by rising energy prices, keeping the Federal Reserve's interest rate hike plans on the table fo...
- Middle East oil and gas output will take months to fully recoverA landmark deal between the US and Iran promises to reopen the Strait of Hormuz, a vital oil shipping route. This agreement has already cau...
- Why oil’s not at $200 after the biggest supply shock in historyGlobal oil prices are defying expectations, staying below $100 a barrel even after the Strait of Hormuz was effectively blocked. Record US ...
- PCB makers seek 50% price hike as Iran war crushes supply chainsDomestic PCB manufacturers are demanding a 45-50% price increase and duty exemptions for imported components due to escalating production c...
- Charting the global economy: Inflation hits incomes and spendingGlobal economies face rising inflation and slowing consumer spending. In the US, incomes are squeezed, pushing savings rates down. Europe s...
- Trump talks up his ballroom plan dozens of times but plays down Americans' economic painPresident Trump is prioritizing legacy projects like a White House ballroom. This focus comes as Americans grapple with high gas prices. So...
- Is your mutual fund SIP secretly crushing the Indian rupee? Jefferies explains the bitter side of the storyIndia's strong mutual fund SIP culture is helping foreign investors exit the equity market. This is putting pressure on the Indian Rupee. J...
- WPI inflation crossing 10% mark not a tail risk but a near-term base case: ReportThe recent Rs 3 hike in petrol and diesel prices, announced after the Prime Minister's national exhortation for austerity, was widely antic...
- Oil prices slip on teetering Iran ceasefire as Trump heads to ChinaOil prices dipped as investors awaited developments on the Iran ceasefire and President Trump's summit with China's Xi Jinping. Brent crude...
- Bitcoin crosses $80K as geopolitical easing boosts risk appetite; $270M short liquidations aid surgeBitcoin surged past the $80,000 mark, driven by a combination of institutional demand, shrinking supply, and a decline in oil-driven inflat...
- Why did Spirit Airlines fail? Is this the first economic shock of the Iran war— or a missed bailout moment under Trump? The true cost of flying cheap in AmericaWhy did Spirit Airlines fail? First major casualty of the 2026 Iran war fuel shock. The collapse of Spirit Airlines today, May 2, 2026, isn...
- Trump signs bill funding the Department of Homeland Security, ending record shutdownPresident Trump signed bipartisan legislation to fund most of the Department of Homeland Security, ending the longest agency shutdown in hi...
- Why oil and gas prices are rising today, April 29: Brent crude surges past $114 — here’s what rising oil prices mean for gas prices, inflation, and the Fed rate decision todayWhy US oil and gas prices are rising today, April 29: Brent crude has crossed $114 per barrel, while WTI trades above $103. At the center o...
- A 22-day oil clock ticks down in Iran as Strait of Hormuz blockade tightens chokeholdIran faces a critical shortage of oil storage. Unused capacity is dwindling, potentially leading to significant production cuts. A US-led b...
- Will fuel shortages ruin summer vacations?With the summer travel season on the horizon, the shadow of fuel shortages looms large. The ongoing strife between the U.S. and Iran has sh...
- First LNG shipment since war began appears to exit HormuzA liquefied natural gas shipment, the Mubaraz, appears to have successfully traversed the Strait of Hormuz after a two-month lull in traffi...
- How Asia-Pacific is fighting a fuel shock that could get worseAsian nations are grappling with prolonged energy supply strains due to the Middle East conflict, prompting governments to implement costly...
- Pakistan: Economic challenges arise for farmers, labourers as modern harvesting techniques enter farmsAccording to The Express Tribune, Khanewal, a key wheat-producing region, has historically depended on manual harvesting, where large group...
- Dwindling fuel supplies for Gaza's hospital generators put premature babies in incubators at riskHospitals in Gaza are facing a critical fuel shortage that is endangering the lives of premature babies. The Israeli blockade of Gaza has c...
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