Economy
France’s economy appears to be maintaining moderate growth in early 2026, although rising geopolitical tensions in the Middle East are creating new uncertainties for the economic outlook, according to the country’s central bank. In its latest assessment, Banque de France indicated that economic......
Economists in Chile have abandoned expectations of an interest rate cut this month as the escalation of the war involving Iran drives oil prices above $100 per barrel and raises the risk of renewed global inflation, complicating monetary policy decisions. According to Bloomberg, analysts no longer expect......
Oil markets swung sharply Monday after crude prices climbed above $100 per barrel for the first time since Russia’s invasion of Ukraine in 2022, while G7 governments debated whether to release strategic petroleum reserves to counter disruptions caused by the war involving the United States, Israel......
Saudi Aramco expects to reach the full capacity of its East West crude oil pipeline within days as Saudi Arabia works to maintain exports while the Strait of Hormuz remains effectively closed due to Iranian military control. Chief Executive Amin Nasser warned that the crisis represents the most serious......
Western energy companies not reliant on Persian Gulf supplies are emerging as the main financial winners as the United States and Israel’s war with Iran enters its second week, with American liquefied natural gas exporters positioned for what analysts describe as one of the largest commodity windfalls......
Volkswagen reported a sharp decline in profits for 2025, with operating earnings falling by more than half as U.S. tariffs and intensifying competition in China weighed on the German automaker’s performance. The company said it expects only a modest recovery in 2026 as it adapts to what executives......
Türkiye’s industrial sector began the year with modest growth, reflecting mixed performance across key subsectors of the economy. According to data released by the Turkish Statistical Institute, the country’s industrial production index recorded a 1.1% increase in January compared......
Palm oil prices surged nearly 10 percent on March 9, marking the largest single day increase since the global commodity shock of 2022, as soaring crude oil prices triggered stronger demand for agricultural biofuels and disruptions in the Strait of Hormuz drove fertilizer costs higher. The benchmark......
U.S. stock markets recovered sharply late in the trading session after President Donald Trump suggested the war involving the United States and Israel against Iran could soon come to an end, easing some of the pressure from an energy shock that had shaken global markets earlier in the day. Oil prices......
Morocco holds three-quarters of global phosphate reserves and ranks as the top exporter of phosphate-based fertilizers. Yet its ammonia production, essential for combining with phosphate to make fertilizers, relies entirely on imported natural gas. Disruptions, including the Ukraine war, have spiked......
Defense companies on Wall Street reached new record levels as the military campaign involving the United States and Israel against Iran entered its second week, driving investors toward aerospace and weapons manufacturers expected to benefit from rising global defense spending. Shares of Lockheed Martin......
Scandinavian airline SAS has introduced a temporary fare adjustment on its flights as surging jet fuel prices push airlines to pass rising energy costs onto passengers. The move comes as the war involving the United States and Israel against Iran drives crude oil prices above $100 per barrel for the......
The ongoing war involving the United States and Israel against Iran has disrupted a significant share of global energy supplies, pushing oil prices sharply higher and renewing calls worldwide to accelerate the transition toward locally produced renewable energy. Now entering its second week, the conflict......
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