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ECONOMIC IMPACT IRAN WAR MAURITIUS
Oil Price Today (August 20): Crude oil above $92/barrel as Trump vows ‘tremendous’ economic warfare on IranAs tensions rise in the US-Iran conflict, oil prices remain steadfast above ninety-two dollars per barrel. Concerns loom over the security ...
Oil rises to 3-week high as Iran war impasse fuels Middle East supply concernsOil prices climbed to three-week highs as uncertainty over the Iran conflict and Strait of Hormuz disruptions raised supply concerns. Brent...
India enters 'long-term arrangement' with Mauritius to supply petrol, diesel and aviation fuelIndia has signed a long-term supply arrangement with Mauritius for petrol, diesel and aviation fuel, strengthening energy cooperation betwe...
Trump declares 'Economic D-Day' against Iran, warns nations aiding Tehran of 'tremendous' consequencesPresident Trump announced a severe economic operation targeting Iran's financial lifelines. He warned any nation aiding Iran would face sig...
Iran goes on offensive as diplomacy with US stallsSix months into its war with the United States, Iran's military has begun signalling a shift from retaliation to offence, which analysts sa...
Oil prices steady as investors assess US-Iran war outlookOil prices stabilized as market participants evaluated the potential implications of the ongoing U.S.-Iran conflict. Shipping activity in t...
UAE halts all trade, commercial exchanges and financial transactions with Iran until further noticeThe United Arab Emirates has suspended all trade activities and financial transactions with Iran. This decision follows regional escalation...
Trump posts map showing Strait of Hormuz as US territoryUS President Donald Trump on Tuesday posted a map on his Truth Social platform showing the Strait of Hormuz as "NEW U.S. Territory," pressi...
Trump says no talks with Iran, naval blockade remains in forceUnited States President Donald Trump stated no talks are happening with Iran. He affirmed the naval blockade remains fully in effect and op...
US to announce steps to help refiners produce more fuel, energy chief Wright saysUS Energy Secretary Chris Wright announced steps to increase refinery fuel output soon. High gasoline prices are a concern for President Do...
Iran threatens to go on offensive in Strait of Hormuz if diplomacy with US failsIran will adopt an offensive military stance as peace negotiations with the United States have stalled. The memorandum of understanding sig...
The 60-day deadline for an Iran peace deal is expiring. Here's where things standAs the deadline for a resolution on the US-Iran nuclear deal has passed without any advancements, both countries remain firmly entrenched i...
Iran warns of escalating sanctions, market inflation; says enemy wants to compensate for defeat in economic warIran's First Vice President warns of economic warfare after military standoffs. He stated that adversaries seek to exploit inflation and pr...
The long boat to school gets longer as Iran war drives up the price of fuelSoaring fuel prices due to the Iran war are impacting global education access. Many children are forced to leave school and work to support...
Iran economy begins to recover after war as business activity picks upIran's economy shows signs of recovery from recent war impacts. Economic activity is gradually resuming, according to the Iran Chamber of C...
The buck stops somewhere else: A look at Trump's tendency to avoid blame when things go awryUS President Donald Trump has repeatedly blamed predecessors and others for economic, foreign-policy and domestic problems, drawing scrutin...
US Economy: Inflation eases but prices remain high, retail sales fall, jobless claims riseInflation eased last month, but prices remain elevated for American consumers. Retail spending decreased sharply, surprising economists and...
Hormuz traffic slows further after US threatens more economic pressure on IranTransit through the Strait of Hormuz has nearly stopped after two ships were attacked. The United States stated it can maintain a naval blo...
US warns Iran it will step up economic pressure; two more ships attacked in HormuzShip traffic in the Strait of Hormuz slowed significantly after two vessels were attacked. The United States stated it can maintain a naval...
US to unleash ‘economic isolation’ on Iran next week as Trump pressure campaign intensifiesThe United States plans to intensify economic pressure on Iran next week, with Treasury Secretary Scott Bessent warning of measures unprece...