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

'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.

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

Zimbabwe Gold Exports at Risk From Escalating Middle East War - Bloomberg

Zimbabwe Gold Exports at Risk From Escalating Middle East War  Bloomberg

Sri Lanka braces for new economic crisis as war on Iran continues

For many Sri Lankans, the fuel shortage triggered by the war carries echoes of the 2022 economic crisis - with a twist.

‘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.

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

Rajnath to head inter-ministerial group to monitor Middle East conflict-linked issues

Rajnath Singh will lead a new inter-ministerial group addressing the Middle East conflict's impact. Union ministers Amit Shah, Nirmala Sitharaman, and Hardeep Singh Puri are members. The group will focus on energy security, supply chains, and global order disruptions. Prime Minister Narendra Modi announced seven empowered groups to assess and mitigate economic effects.

By TOI NEWS DESK

GDP: From the US to India, who are the economic winners and losers of US-Iran war?

By Udit Misra

Macquarie Group warns of ‘$200 oil’ if the US-Iran war drags on till June

Brent crude is on pace for a record monthly gain in March, as the war between the US, Israel and Iran has rocked the oil-rich Middle East.

Intraday Traders Beware: Tax Hike To Eat Into Your Profits From April 1

Securities Transaction Tax hike from April 1: As STT is charged on turnover, not profit, frequent traders feel the impact first.

Stocks sharply down late Fri. morning on Mideast uncertainties - Yonhap News Agency

Stocks sharply down late Fri. morning on Mideast uncertainties  Yonhap News Agency

Oil could spike to $200 if the Iran war drags on until June: report

Oil price hike, in cartoons

While global headlines focus on the US-Israeli war on Iran, Filipino consumers are feeling a different kind of strike at the oil pump. Cartoonists have begun sharing their latest works, capturing the root cause and impact of the ongoing oil price hikes.

By zborromeo

Man nabbed for illegal refilling of LPG cylinders in Nueva Ecija

MANILA, Philippines — A man in Nueva Ecija was arrested for allegedly illegally refilling liquified petroleum gas (LPG) cylinders, the Philippine National Police (PNP) said on Friday. The suspect was tracked down by operatives to Barangay Pacac, Guimba town on Wednesday, according to PNP spokesperson Brig. Gen. Randulf Tuaño in a press briefing. “They were

By cbuban

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.

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

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

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.

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