Barclays and Morgan Stanley have upgraded their outlook on Finnish renewable fuels producer Neste, citing improved margins driven by rising fuel prices linked to geopolitical tensions involving Iran. Barclays raised its rating on the company to overweight and set a price target of €32, while Morgan......
Bank Al-Maghrib projects a notable acceleration of Morocco’s economic growth, expecting it to reach 5.6% in 2026, up from an estimated 4.8% in 2025, before slowing to 3.5% in 2027. In its first quarterly meeting of the year, the central bank attributed this expected surge primarily to favorable......
Fuel prices have risen again across Lebanon, reflecting mounting pressure from global oil market volatility and ongoing regional tensions. The latest price adjustments, released by the Ministry of Energy, show a noticeable increase across all major fuel categories. Gasoline, diesel, and household gas......
Oil prices rose sharply on Tuesday as renewed concerns over the Strait of Hormuz erased the previous day’s relief rally, highlighting ongoing disruption in one of the world’s most critical energy corridors. Brent crude climbed nearly 3 percent to around $103 per barrel, while US benchmark......
The government of Spain has approved the release of up to 11.5 million barrels of oil from its strategic reserves in response to ongoing supply disruptions affecting global energy markets. The decision comes amid concerns over reduced oil flows linked to the partial closure of the Strait of Hormuz,......
The Bank of England has introduced new proposals aimed at improving how banks manage liquidity during periods of financial stress. The plan focuses on enabling financial institutions to quickly convert their liquid assets into cash during fast-moving crisis situations. Rather than requiring banks to......
Asian equities advanced on Tuesday, supported by renewed investor interest in artificial intelligence stocks, while oil prices continued to rise amid ongoing geopolitical tensions in the Middle East. The MSCI Asia Pacific index excluding Japan gained 0.9 percent in early trading. South Korea’s......
The Japanese yen hovered near a key intervention threshold after the USD/JPY pair reached a 52 week high of 159.75, its strongest level since mid July 2024, as traders focused on upcoming policy decisions from the US Federal Reserve and the Bank of Japan. The move places the yen close to the 160 level,......
Morocco’s phosphate industry is expected to remain stable despite mounting pressure across global fertilizer markets, as geopolitical tensions disrupt supply chains and push up production costs for key inputs. Fitch Ratings said rising tensions in the Middle East, including disruptions linked......
Aurélie B., the former treasurer of French retail chain Kiabi, has been released from prison and placed under electronic monitoring after serving a year and a half behind bars. She remains under investigation for allegedly diverting 100 million euros through a complex financial fraud. Authorities......
Global tungsten prices have soared to record levels after China tightened export restrictions on the strategic metal, triggering supply shortages that are affecting defense and technology industries worldwide. The price of ammonium paratungstate, the main benchmark for tungsten trading, has climbed......
Global currency markets have entered a period of heightened turbulence as the conflict involving the United States, Israel, and Iran enters its third week, driving a key measure of foreign exchange volatility to its highest level since July 2025. The Deutsche Bank currency volatility indicator rose......
Oil prices climbed above 100 dollars per barrel on Monday as the conflict involving the United States, Israel, and Iran entered its third week, with a drone strike on the port of Fujairah in the United Arab Emirates intensifying concerns about global energy supply disruptions. Brent crude traded near......
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