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GULF RECESSION RISK
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...22 May, 2026, 11.43 AM IST- Hormuz closure threatens recession rivaling 2008, Rapidan Energy Group saysRapidan Energy Group warns that if the Strait of Hormuz remains closed through August, the world economy could face a downturn approaching ...22 May, 2026, 06.47 AM IST
- Global Market Today: Asian shares slip, oil prices pile pressure on bondsAsian markets declined Monday. Drone attacks in the Gulf boosted oil prices and bond yields. Investors anticipate Nvidia's earnings report ...18 May, 2026, 06.20 AM IST
- US Workers’ paychecks lose buying power for first time since 2022: What is crushing middle-class Americans despite rising wages and bigger paychecks running higher?US inflation rose to 3.8% in April. That is the highest level since May 2023. American workers are now losing buying power again as rising ...12 May, 2026, 09.33 PM IST
- Missiles over Dubai rattle the Gulf’s billion-dollar money machineThe Gulf's image as a safe financial haven is under strain as regional conflicts disrupt deals and deter investors. Once booming IPO market...12 May, 2026, 01.30 PM IST
- The Hormuz blockade: Why a fragile ceasefire may not lower global oil pricesBrent crude has surged to $125 per barrel due to escalating West Asia conflict and severe disruption at the Strait of Hormuz, a key global ...03 May, 2026, 01.27 PM IST
- 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...29 Apr, 2026, 07.48 PM IST
- Strait of Hormuz crisis to lead Gulf region into recession? Global diplomacy and rising tensions shape Gulf outlookStrait of Hormuz crisis to lead Gulf region into recession? The Gulf region faces rising tensions after attacks, shipping restrictions, and...27 Apr, 2026, 03.45 AM IST
- IMF, World Bank meetings show limits in mitigating shocks, reliance on US for solutionsGlobal finance leaders met amid Middle East war news. They acknowledged their limited ability to counter economic damage from frequent geop...19 Apr, 2026, 02.56 PM IST
- Iran war has revealed Trump's pressure point: the economyIran's actions in the Strait of Hormuz have revealed a key vulnerability for President Trump. The conflict has led to rising energy costs a...18 Apr, 2026, 10.35 AM IST
- West Asia crisis: India resilient for now, but second-order inflation pain is coming, warns Swaminathan AiyarIndia might weather the West Asia conflict's economic storm if it ends soon, according to Swaminathan Aiyar. While a swift resolution is ex...17 Apr, 2026, 02.58 PM IST
- Europe has 'maybe 6 weeks of jet fuel left', energy agency head warnsEurope faces a critical shortage of jet fuel, with only about six weeks of supply remaining, according to the IEA head. The ongoing Iran wa...16 Apr, 2026, 10.13 PM IST
- Hopes rise for Iran war deal despite nuclear sticking pointsOptimism is rising that the Iran war could be nearing a resolution after mediation efforts—led in part by Asim Munir—made progress on key i...16 Apr, 2026, 04.53 PM IST
- How a US blockade on Iran has sanctioned ships turning aroundThe US Navy’s blockade of Iran is showing impact, with sanctioned vessels turning back or halting after crossing the Strait of Hormuz. Offi...16 Apr, 2026, 07.41 AM IST
- IMF cuts global growth outlook for 2026, warns of potential recession if Iran war worsensThe International Monetary Fund has cut its global growth outlook, warning the economy could near recession if the Middle East conflict kee...15 Apr, 2026, 07.49 PM IST
- From falling U.S. wealth to Indian factory closures, oil shock raises global recession riskGlobal markets face turmoil as war in Iran disrupts oil supplies. Businesses worldwide report soaring costs for raw materials. Plastic bag ...08 Apr, 2026, 01.55 AM IST
- Why it's time to end world's delusions over Iran energy crisisThe escalating conflict between the US and Iran has unleashed a worldwide energy crisis that is threatening to deplete supplies of crude oi...07 Apr, 2026, 11.37 AM IST
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