Economy



Ryanair keeps Morocco flights intact thanks to fuel hedging strategy

Ryanair has confirmed it will maintain its full summer flight program in Morocco, shielding itself from the fuel price surge triggered by the ongoing conflict involving the United States, Israel, and Iran, which has severely disrupted jet fuel supplies through the Strait of Hormuz. While the broader......

ECB warns Iran war could double scar eurozone consumers

The European Central Bank has warned that a potential war involving Iran could have a disproportionately strong impact on consumers in the eurozone, with effects described by researchers as a “double scar” on households already sensitive to price changes. The assessment is based on new internal......

Oil prices fall 5% amid optimism over possible Iran-US agreement

Global oil prices dropped sharply on Wednesday as investors reacted positively to signs of progress in negotiations between Iran and the United States aimed at easing tensions in the Middle East. The price of Brent crude and West Texas Intermediate (WTI) both lost around 5% during trading sessions after......

Iran war splits global markets into clear winners and losers

The ongoing Iran conflict has reshaped global financial markets, creating a clear divide between winners and losers as energy prices, currencies, and inflation expectations continue to shift. Three months into the conflict involving Iran, oil prices have surged significantly, influencing global inflation......

UK grocery inflation eases as Iran conflict impact remains limited

Grocery inflation in the United Kingdom has slowed in recent weeks, reaching its lowest pace since late 2024, according to market data from industry researchers. The moderation in price increases comes despite ongoing geopolitical tensions linked to the Iran conflict, which analysts say have not yet......

JPMorgan sees end of goldilocks economy amid Iran war

The global economy is losing the conditions that once defined a “goldilocks” scenario of steady growth and moderate inflation, according to economists at JPMorgan. The bank links this shift to the ongoing war in Iran, which has disrupted energy markets and created a persistent shock across......

Rubio says India commits to massive $500 billion US imports

Le secrétaire d’État américain Marco Rubio a effectué une visite diplomatique en Inde dans un contexte de tensions commerciales et stratégiques entre Washington et New Delhi. Il a rencontré le Premier ministre Narendra Modi ainsi que le ministre des Affaires......

Japan and South Korea face worsening naphtha shortages amid Hormuz disruption

Japan and South Korea are grappling with mounting shortages of naphtha, a petroleum product widely used in plastics, industrial chemicals and printing inks, as the prolonged closure of the Strait of Hormuz continues to disrupt energy supply chains across East Asia. The supply crunch, triggered after......

Crypto market purge wipes $574 million amid Bitcoin drop

A sharp sell-off in the cryptocurrency market triggered widespread forced liquidations across leveraged positions as Bitcoin slipped toward the 75,000 dollar range. More than 124,000 traders saw their positions closed within 24 hours, with total liquidations reaching about 574 million dollars. The move......

Iran war risks cloud global growth outlook as energy shock deepens

The Reserve Bank of India and the European Commission have issued coordinated warnings over the economic fallout from the war involving Iran, pointing to rising risks for global growth and inflation. Both institutions link the escalation of tensions in the Middle East to persistent disruptions in energy......

Three supertankers move six million barrels through Hormuz

Three supertankers have carried around six million barrels of crude oil through the Strait of Hormuz in a single day, marking the largest recorded movement of oil cargo since the outbreak of the conflict involving the United States, Israel, and Iran in February 2026. The shipment was bound for Asian......

Qatar says Strait of Hormuz remains closed to normal shipping traffic

Qatar’s foreign ministry has stated that maritime traffic through the Strait of Hormuz has not returned to normal levels, rejecting suggestions that the strategic waterway is reopening. The announcement highlights continued disruption in one of the world’s most critical energy corridors,......

Oil market faces panic risk if Hormuz closure extends into June

HFI Research warned that global oil markets could enter a period of “real panic” if the Strait of Hormuz remains closed into the first week of June, as crude inventories continue falling toward critical operational levels and countries accelerate emergency stockpiling efforts. The firm said......

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