Economy
Air travel across Europe faced widespread disruption as airlines and airports struggled with reduced jet fuel availability and sustained high seasonal demand. Thousands of flights experienced delays while more than one hundred were cancelled across major hubs including Amsterdam, Paris, and London, extending......
The chief executive of BASF has warned that an escalating conflict involving Iran could trigger widespread shortages of key raw materials and disrupt global automotive manufacturing in the second half of 2026. Markus Kamieth said supply chains are increasingly exposed to geopolitical shocks that are......
Gold and silver fell sharply to their lowest levels of 2026 after the United States carried out military strikes against Iran. The move followed a period of rising geopolitical tension in the Middle East and triggered a broad selloff across precious metals markets already sensitive to interest rate expectations. Gold......
Oil prices fell to their lowest level in seven weeks after Iran and Israel announced a halt to their mutual attacks, easing fears of a wider regional disruption to energy supplies. The decline erased earlier gains triggered by renewed hostilities between the two sides, which had briefly pushed crude......
Arthur Hayes, cofounder of BitMEX, argues that bitcoin will not stage a durable recovery until the artificial intelligence investment boom collapses. In a recent essay, he links crypto market weakness to the scale of capital flowing into AI infrastructure and the way it has reshaped global liquidity......
Asian equity markets advanced after Israel and Iran announced a halt to direct military strikes, easing fears that had driven volatility across global financial systems. The de-escalation offered investors a temporary relief from energy supply risks and geopolitical uncertainty that had weighed on sentiment......
A new set of economic forecasts identifies an oil supply shock linked to tensions involving Iran as a leading inflation risk for the United States. The disruption centers on instability in global energy flows following conflict escalation in the Middle East and restricted maritime movement through the......
The carry trade strategy in emerging markets has lost momentum as global financial conditions tighten. Traders who previously benefited from borrowing in low-yield currencies and investing in higher-yield assets are now reassessing exposure. Expectations around US monetary policy have shifted sharply......
Urea prices have fallen sharply, erasing gains driven by geopolitical tensions linked to the Iran conflict. The correction marks a full reversal of the surge that followed fears of supply disruptions in global fertilizer markets earlier this year. Prices of nitrogen fertilizers in the United States......
Institutional investors are treating Bitcoin's sharp decline as a buying opportunity rather than a reason to exit the market, according to Coinbase's head of institutional strategy John D'Agostino. Speaking on CNBC's "Squawk Box," D'Agostino said he was unaware of any major......
European airlines are seeing a rapid slowdown in the booking surge that followed major disruptions to Gulf aviation hubs, as Middle Eastern carriers restore capacity and reclaim market share across long-haul routes. The temporary shift in demand emerged after airspace restrictions and route closures......
Iraq has issued a stark warning over its economic stability as oil revenues fall sharply during the ongoing regional conflict involving Iran. Foreign minister Fuad Hussein said the country could face a financial catastrophe if disruptions in the Strait of Hormuz persist due to military escalation involving......
Goldman Sachs has warned that global oil demand fell more sharply than previously expected, citing an estimated reduction of 4 to 5 million barrels per day in April. The decline is linked in part to disruptions in maritime flows through the Strait of Hormuz, which temporarily reduced global consumption......
