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Economic Impact

Energy Prices Oil Prices Global Oil Prices Global Trade Fuel Prices Global Markets Global Economy Energy Security Fuel Supply Supply Chain Issues

Michelmersh Shuts 139-Year-Old Charnwood Brickworks and Cuts 28 Jobs

Michelmersh says weak brick demand has pushed the company to consolidate production at its Romsey plant.

Japan Q1 Growth Tops Forecasts at 2.1% as Energy Shock Threatens Outlook

Goodyear to Shut Fayetteville Tire Plant in 2027, Cutting About 1,700 Jobs

RICS Reports Sharp April Drop in UK House Prices

NY Fed Survey Finds 1-Year Inflation Expectations Up to 3.6% as Longer-Run Views Hold Near 3%

Cost Shock From Middle East War Slams UK and German Builders, Slows Japan Services

Lufthansa Cuts 20,000 Short-Haul Flights as Jet-Fuel Costs Soar

New Zealand Inflation Holds at 3.1% as Energy Costs Bite

Chalmers Signals Possible CGT Overhaul as Budget Recast for War-Driven Risks

Oxford Trims Argentina’s 2026 Growth as IMF Flags Energy‑Shock Risks

UK Widens Industrial Power-Bill Relief to Over 10,000 Manufacturers

Bank of England Flags Potential for Dynamic Pricing as Digital Shelf Labels Spread in UK Supermarkets

IMF Cuts Global Growth Forecast to 3.1% After Middle East War Drives Energy Shock

Singapore Grows 4.6% in Q1 as Quarterly Output Slips, with Poll Pointing to a Modest China Rebound

South Korea Sets Cash Aid Rollout for Bottom 70% of Earners

Singapore Orders Public Sector Energy-Saving Measures at Government Sites

Fuel Price Convoys Paralyze Central Dublin for Second Day

South Korea Submits 26.2 Trillion-Won Crisis Budget to Curb Oil Shock

RBA Minutes Reveal 5–4 Rate Hike and Uncertain Path as Markets See More Increases

Parliament Doubles Penalties to $100 Million in Fuel Price Crackdown