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EUROPE ENERGY CRISIS
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 ...
Trump will attend the NATO summit in Turkey in July, Marco Rubio saysUS President Donald Trump will attend the NATO summit in Turkey in early July. Secretary of State Marco Rubio confirmed the attendance, eas...
Collapse is near: Trump's window to resolve Iran crisis closing fastWest Asia tensions are escalating, impacting global markets. Iranian attacks and US strikes near the Strait of Hormuz are disrupting oil su...
OECD warns prolonged Middle East war could sharply slow global growthThe global economy faces uncertainty due to the Middle East conflict. The OECD warns of recession and rising inflation if the war continues...
No Santa for exporters this Christmas: Iran war disrupts supply chains, stretches transit times to 60 days, threatens marginsIndian exporters say longer shipping routes, rising input costs, and delayed payment cycles are squeezing margins and putting pressure on d...
Oil rally may fuel stagflation concerns, though AI remains market's key driver: Arnab DasRenewed Middle East tensions are driving oil prices higher, fueling inflation and economic growth concerns. Despite market optimism, signif...
Crisis as credibility test: How the UAE’s response to the Iran-Israel conflict could shape its next decade as a global residency hubThe UAE's promise of a safe haven faces its biggest test amid the Iran conflict. Despite heightened tensions, daily life remains stable, sh...
An LNG glut is on its wayThe closure of the Strait of Hormuz and the shutdown of Qatar’s LNG exports have pushed gas prices higher, but the disruption could ultimat...
Europe's green jet fuels see upside in Iran warEurope is looking at synthetic jet fuel to reduce reliance on foreign oil. The Iran war has made this cleaner fuel more attractive. While p...
Qatar opposes permanent Strait of Hormuz transit fees, open to temporary tollsQatar has stated its opposition to permanent transit fees for the Strait of Hormuz. A top official indicated that temporary tolls for purpo...
Global growth to weaken, India stands out with strongest growth prospect: WEF surveyIn its latest Chief Economists' Outlook, the World Economic Forum (WEF) said nearly nine in ten chief economists surveyed expect global gro...
IMEC, Indo-Pacific routes key to reducing Hormuz dependence: EYIndia is urged to diversify its trade routes and develop new corridors like IMEC and the Indo-Pacific route. This aims to lessen dependence...
Jaishankar flags visa curbs with Rubio, US says measures not targeted at IndiaIndia and the US held high-level talks on Sunday. Discussions covered the West Asia crisis, counterterrorism, and trade. India raised conce...
India can’t escape global oil shock; fuel prices hurting economy, says former BPCL execIndia's economy is significantly impacted by the global oil shock, with crude prices surging by nearly 60%. Former BPCL Marketing Director ...
Charting the Global Economy: Factory activity sags on inflationGlobal economic activity is slowing, with manufacturing contracting in many regions due to persistent inflation and the ongoing energy crun...
Cypriot Prez Christodoulides concludes India visit as ties upgrade to strategic partnershipIndia and Cyprus have elevated their relationship to a strategic partnership. Cypriot President Nikos Christodoulides concluded his visit t...
Wars, Oil and Wealth: The world adapts faster than we think, lessons for equity investorsIndia today is a more than four-trillion-dollar economy with stronger external reserves, wider energy relationships, greater diplomatic rea...
AIIB announces USD 10 bn fund facility to support countries hit by West Asia conflictSupplementing AIIB's regular financing instruments, the facility offers a time-bound financing envelope of up to USD 10 billion over two ye...
Crude oil prices could hit $200 per barrel if Strait of Hormuz remains closed: ReportA prolonged closure of the Strait of Hormuz could push crude oil prices to as high as $200 per barrel and trigger a global recession, accor...
'Impact on India less due to good management, foresight': Harsh Vardhan Shringla on global energy challenges due to West Asia crisisIndia's energy crisis impact remains limited. Rajya Sabha MP Harsh Vardhan Shringla credits the government's effective planning and timely ...