Economics ❯ Global Economy

Oil Prices

Market Reactions Inflation Market Impact Supply and Demand Strait of Hormuz Impact of War Crude Oil Market Dynamics Impact of Conflict Energy Crisis

UN Warns Iran Conflict Is Driving Millions Toward Acute Hunger

Rising oil and transport costs are pushing food prices higher and threatening food aid unless donors boost funding or the conflict eases.

Shangri‑La Dialogue to Test Alliances Over Iran War, U.S. Resolve and China’s Presence

Gita Gopinath Warns Oil Could Hit $140–$160 and Urges India to Prepare

Zoho Rules Out Wider Work-From-Home, Citing In-Person Gains in R&D

Trump Backs 20-Year Nuclear Pause to Trade Ceasefire for Reopening Hormuz

UK and France Rally 40-Nation Coalition to Plan Strait of Hormuz Security Mission

OPEC+ Lifts June Oil Output After UAE Quits OPEC

UAE to Leave OPEC and OPEC+ on May 1 to Regain Control of Oil Output

BP Q1 Profit More Than Doubles on Oil-Price Shock and Trading Surge

UAE to Exit OPEC and OPEC+ on May 1

Navy Evacuates Sailor Scratched by Monkey on Phuket Stop

Australia Adds Diesel Cargoes as Cabinet Keeps Level 2 Fuel Setting

Trump’s Iran War Deemed a Strategic Failure

Markets Rebound as Oil Falls on Hopes of Renewed U.S.–Iran Talks

First Iranian Oil in 7 Years Reaches India as U.S. Plans Hormuz Blockade

Ukraine Says Kushner and Witkoff May Visit Kyiv After Orthodox Easter

Zelenskyy Says Iran War Threatens Ukraine’s Patriot Supplies

Goldman Lifts U.S. Recession Odds for 2026 to 30% as Oil Shock Deepens

Vance Emerges as Key U.S. Go-Between on Iran as Trump Mixes Threats With Outreach

Ex-Nintendo Sales Lead Says Switch 2 Price Hike Is Inevitable