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OIL DISRUPTION THREATS
World food prices at highest since 2022 as supply risks mount, FAO saysGlobal food prices reached their highest point since late 2022. Adverse weather and war disruptions are increasing concerns over staple sup...- Gold jumps 2% as Fed Governor Waller's comments temper rate hike betsGold prices jumped more than 2% as traders cut bets on a September US Fed rate hike after Governor Christopher Waller signalled support for...
- Global Market Today: Asian markets tumble as US-Iran fighting lifts oil and bond yieldsMSCI's broadest index of Asia-Pacific shares outside Japan was down 0.8% in early trading as South Korea's KOSPI dropped 3% on the open a...
- Iran defiant as Scott Bessent says US likely to announce bank sanctions this weekWashington plans to announce bank sanctions against Iran this week. Oil prices increased after direct attacks and tanker incidents. Iran wa...
- 7.8% slam dunk! 'Dead' economy proved to be quite alive and kickingIndia’s GDP grew 7.8% in Q1 FY27, beating RBI’s 7% forecast and the 7.1% Reuters poll median despite an oil shock, geopolitical tensions an...
- Ecological cost of US-Iran war: Scientists warn ships stranded for months in the Strait of Hormuz could now carry invasive species, posing an ‘immense international biosecurity threat’Ships stranded for months in the Strait of Hormuz now pose a bioinvasion risk. These vessels may carry dense communities of marine organism...
- In 2012, Alaska counted 58 pigeon guillemots on Naked Island as mink threatened nests. 11 years later following restoration, their numbers had jumped nearly 400%, reaching 288 birds in 2023Pigeon guillemot numbers on Alaska's Naked Island Group have significantly increased. This recovery followed a multiyear effort to remove i...
- Pipelines and ports: Iran war spurs Gulf infrastructure investmentGulf nations are investing billions in infrastructure to bypass the Strait of Hormuz. Ports, pipelines, and railways are top priorities as ...
- Iraq opens oil exports beyond Hormuz after months of war, eyes ship-to-ship route off OmanIraq now allows crude oil collection outside the Persian Gulf for buyers. This move comes as exports continue through the Strait of Hormuz ...
- After six months, the Iran war has reached its endgame, a costly stalemateThe Iran war has reached a costly stalemate after six months of conflict. The Iranian government faces economic siege but believes it has t...
- Six Months of Conflict: How the Iran war has reshaped global marketsAs global financial markets navigate the aftermath of recent conflicts, the mixed responses are evident. Energy prices have surged sharply,...
- India rice exporters see Iran demand defying sanctions riskRice dominates trade between the two countries, accounting for nearly two-thirds of India’s $1.25 billion in exports to Iran in the fiscal ...
- Oil shock could outlast conflictsGlobal oil prices are experiencing fluctuations as geopolitical tensions persist. The aspirations for a quick resolution of these conflicts...
- Rupee strengthens to 95.41 after oil coolsThe Indian rupee strengthened significantly on Tuesday, gaining 33 paise. This appreciation occurred as oil prices retreated and the Reserv...
- Conflict-hit oil supply crisis deepens as nearly half of global output comes from affected countriesNearly half of the world’s oil supply now comes from countries affected by conflict, highlighting the growing vulnerability of global energ...
- Oil Price Today (August 25): Crude oil at $92 as investors digest US economic sanctions on Iran. What’s next for investors?Brent crude futures were up 6 cents, or 0.1%, at $92.16 a barrel, while U.S. West Texas Intermediate crude was up 15 cents at $85.12. Both ...
- Oil prices steady as investors weigh impact of expanded US sanctions against IranOn Tuesday, oil prices found stability following a notable decline on Monday. Investors are currently evaluating newly imposed U.S. sanctio...
- Trump says ‘Iran is completely collapsing’ as Tehran dismisses new US sanctions threatThe United States is preparing to announce severe sanctions against Iran. President Trump stated Iran is completely collapsing under econom...
- US military moves 15 million barrels through Hormuz amid standoff with IranOver fifteen million barrels of oil moved through the Strait of Hormuz with US military assistance. Total shipments leaving the region, inc...
- Oil Price Today (August 21): Crude oil nears $95 as Iran peace deal hopes fade. What are experts saying?Crude oil Price today: An earlier peace deal between the sides expired this week, with neither side making efforts to resume talks. U.S. Pr...
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