
Middle East Conflict Fuels Inflation, Hits Consumer Confidence, Prompts Global Economic Measures
The Middle East conflict continues to fuel inflation and impact global economies, leading to growing doubt among UK shoppers and prompting governments like India and Albania to implement measures such as export duties, reduced excise taxes, and price board meetings to stabilize fuel prices. Spanish families are also saving more amidst rising inflation, while European fund managers advise on investment strategies to mitigate risks.
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South African rand range-bound as Middle East conflict weighs on risk sentiment - Reuters
South African rand range-bound as Middle East conflict weighs on risk sentiment Reuters
Read full article →'Ripple of fear' over Iran war hits consumer confidence
A key survey indicates growing doubt among shoppers over prospects for the UK economy in the next year.
Read full article →Resurgent Inflation Tests Faith in Fed’s Willingness to Tame It
The war in the Middle East risks worsening an inflation problem that the Federal Reserve has struggled for years to subdue.
By Colby Smith and Ben Casselman
Read full article →Zimbabwe Gold Exports at Risk From Escalating Middle East War - Bloomberg
Zimbabwe Gold Exports at Risk From Escalating Middle East War Bloomberg
Read full article →Yemenis fear economic consequences of being dragged into US-Iran conflict
Iran-allied Houthis yet to get involved in conflict, but could target shipping in Red Sea.
Read full article →‘All bets are off’: European borrowing costs hit 15-year highs as investors brace for rate hikes
Bonds issued by various European countries continued to sell off on Friday, deepening a rout that has been mostly continuous since the U.S.-Iran war began.
Read full article →JPMorgan analyst tempts Scott Bessent’s wrath once more with projections of oil shortages, possibly in California
Asian countries are the first to experience shortages as a result of the effective closure of the Strait of Hormuz but within six weeks the whole world will feel the pinch, JPMorgan calculates
By Jules Rimmer
Read full article →Trump delays his ultimatum to Iran while US military builds up in the Middle East
The US president has extended the deadline he gave Tehran to accept his terms until April 6, warning that he will ‘unleash hell’ if it fails to do so
By Macarena Vidal Liy,Rodrigo Silva Martínez
Read full article →Oil prices soar past $110 a barrel again after Iran says Strait of Hormuz is closed
The cost of oil has surged again following Iran’s announcement that the Strait of Hormuz is “closed” and that any transit through the waterway will face “harsh measures”.
By Albert Toth
Read full article →Israel hits Tehran with wave of strikes and warns attacks on Iran 'will escalate and expand'
Read full article →Synergy, Team India spirit: What was discussed in key PM Modi-CMs meet amid Iran war
Prime Minister Narendra Modi held a virtual meeting with Chief Ministers. The focus was on the Middle East conflict's impact on fuel supply, inflation, and logistics. Discussions aimed to ensure coordinated action between the Centre and states. Preparedness for potential disruptions and maintaining stability in essential sectors were key. Contingency planning for fuel availability and price pressures was also reviewed.
By TOI NEWS DESK
Read full article →Governments worldwide shield households from rising energy costs
IRAN-CRISIS/COUNTRIES-MEASURES (FACTBOX, PIX):FACTBOX-Governments worldwide shield households from rising energy costs
Read full article →PM Modi holds virtual meet with CMs on West Asia conflict
By Harikishan Sharma
Read full article →China says US-Iran talks would help restore Hormuz transit, supports Pakistan as mediator
Initiating peace talks in the war on Iran “is no easy task,” but it would be “conducive to restoring normal navigation through the Strait of Hormuz,” Chinese Foreign Minister Wang Yi said during a call with Deputy Prime Minister and Foreign Minister Ishaq Dar on Friday. The two “agreed to jointly promote a ceasefire and cessation of hostilities and the resumption of peace talks, to ensure the safety of non-military targets and waterways,” according to a summary of the call released by the Chi...
By none@none.com (ReutersNews Desk)
Read full article →Iranian ambassador insists Cyprus, UK bases not targets
Urges stronger diplomatic role from Cyprus Iran’s ambassador to Cyprus, Alireza Salarian, said on Friday that neither the republic nor the British bases are considered targets in Iran’s ongoing conflict with the United States and Israel, while calling on Cyprus to take a more active diplomatic role as holding the EU council presidency. In an […]
Read full article →"Insanity": US Senator Blames Trump As Iran Imposes $2 Billion Fee In Hormuz
"Here's the problem. The strait was open before the war began, we are now seeking to solve a problem that we created. This is insanity!" he said.
Read full article →Seoul stocks end tad lower amid mixed signals on Iran war
South Korean stocks closed a tad lower Friday after paring most of their earlier losses amid the United States' mixed signals on its war against Iran and eased concerns over the chipmaking industry. The local currency lost ground against the greenback. After opening 2.93 percent lower, the benchmark Korea Composite Stock Price Index fell 21.59 points, or 0.4 percent, to end at 5,438.87, after dipping to as low as 5,220.10. Trade volume was moderate at 889.8 million shares worth 23 trillion won (
By The Korea Herald
Read full article →Stocks sharply down late Fri. morning on Mideast uncertainties - Yonhap News Agency
Stocks sharply down late Fri. morning on Mideast uncertainties Yonhap News Agency
Read full article →Oil could spike to $200 if the Iran war drags on until June: report
Read full article →Philippines’ crude oil supply can last until June 30 | The wRap
Today’s headlines: Philippines’ oil supply, Donald Trump, SB19
By Rappler.com
Read full article →House measure preparing country for future crises filed
MANILA, Philippines — A measure that seeks to prepare the country for future crises, like the current fuel price hikes brought by the Middle East conflict, has been filed by Negros Occidental Rep. Javi Benitez. In a statement on Friday, Benitez said that he has filed the proposed Resilient Economy and Stabilization for Crisis and Urgent
By mareyes
Read full article →Government earmarks P230 billion for Mideast crisis response
The Philippine government can tap as much as P230.2 billion to fund cash subsidies, fuel procurement and programs to cushion the disruptions arising from the Middle East war, acting Budget Secretary Rolando Toledo said.
By Aubrey Rose Inosante
Read full article →Saudi investment strategies unimpacted by Mideast wars: PIF governor - Arab News
Saudi investment strategies unimpacted by Mideast wars: PIF governor Arab News
Read full article →Gold prices in Dubai rise over Dh6 per gram amid Middle East uncertainty - Khaleej Times
Gold prices in Dubai rise over Dh6 per gram amid Middle East uncertainty Khaleej Times
Read full article →Oil drops as Trump pauses Iran strikes, but stock traders nervous
Oil prices, equities fall as traders shrug off Trump's latest Iran deadline extension amid White House mixed signals
By AFP
Read full article →Sri Lanka jails man over 4 liters of hoarded petrol amid fuel crisis
Sri Lanka has jailed a man for three weeks after he admitted to hoarding four liters of petrol during a nationwide fuel shortage triggered by the Middle East war, local media reported Friday.
Read full article →Iran Conflict Drives Surge In China EV Demand
Iran Conflict Drives Surge In China EV Demand A sharp rise in oil prices tied to the US-Israel confrontation with Iran is likely to speed up the global transition to electric vehicles, strengthening a shift that has already helped China overtake Japan as the world’s top car seller, according to South China Morning Post. Crude prices have surged past $100 a barrel amid fears of disruption to energy supplies, particularly through the Strait of Hormuz. US President Donald Trump esc...
By Tyler Durden
Read full article →Malaysia eyes Petronas’ global investments for fuel supply buffer as US-Iran crisis worsens
SHAH ALAM, March 27 — Malaysia is exploring ways to leverage Petronas’s diversified global investments in or...
By Muhammad Yusry
Read full article →IMF shares MEFP with Pakistan after outlining 2026-27 budget key points - Geo News
IMF shares MEFP with Pakistan after outlining 2026-27 budget key points Geo News
Read full article →Oil price rises to $108 as Iran describes US plan to end war one-sided
The price of crude oil in the international market continued to rise yesterday, with Iranian officials maintaining their criticism of the 15-point peace plan proposed by the United States to end the US-Israel war on the country.... The post Oil price rises to $108 as Iran describes US plan to end war one-sided appeared first on Vanguard News.
By olufemiajasa
Read full article →Oil: Nearly 6% jump in prices with Brent at $108 and uncertainty growing
Continued tension in the Middle East pushed crude to a new high of nearly 6%, with markets worried about new supply disruptions and prolonged energy instability The post Oil: Nearly 6% jump in prices with Brent at $108 and uncertainty growing appeared first on ProtoThema English.
By admin
Read full article →IMF Discusses Macroeconomic Stability Measures with Uzbekistan - UzDaily
IMF Discusses Macroeconomic Stability Measures with Uzbekistan UzDaily
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