Economy
Oil market analysts and consultants meeting at OPEC headquarters in Vienna warned that supply disruptions caused by the closure of the Strait of Hormuz are likely to persist until the end of 2026, even if maritime traffic resumes in the near term. The assessment reflects the scale of the ongoing energy......
South Korea has overtaken India to become the world’s sixth-largest equity market by total market capitalization, marking a rapid shift in global financial rankings driven by the artificial intelligence boom and surging demand for semiconductor technologies. The combined market value of listed......
Global equity markets reached fresh record highs as artificial intelligence driven stocks extended a powerful rally that overshadowed rising geopolitical tensions in the Middle East. Gains in major indices continued even as Iran suspended negotiations with the United States following escalating regional......
British American Tobacco (BAT) has upgraded its annual growth forecast for its smoke-free product division, reflecting increasing consumer demand and favorable market conditions, particularly in the United States. The multinational tobacco company, known for traditional cigarette brands such as Lucky......
Oil prices rose on Monday after fresh military exchanges between the United States and Iran exposed the fragility of a weeks-old ceasefire, while Wall Street prepared to enter June on the back of a record-setting rally driven by artificial intelligence stocks. Brent crude futures advanced roughly 3 percent,......
Oil prices surged at the start of the week after hopes for a swift ceasefire agreement between the United States and Iran collapsed, with last-minute demands from President Trump pushing negotiations into a new phase of uncertainty. The reversal caught energy markets off guard, as traders had spent weeks......
Governments in Brazil, India and Austria have introduced new measures aimed at limiting the impact of oil market volatility linked to the conflict involving Iran, as energy prices continue to face pressure from geopolitical tensions entering a third month. Brazil extended its emergency fuel support......
A quiet trickle of oil tankers has begun escaping the Persian Gulf through the Strait of Hormuz, with roughly one quarter of the large non-Iranian vessels stranded since the outbreak of war now having navigated past the strategic chokepoint. The gradual movement comes as Chevron's chief executive......
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......
Marrakech’s prime residential property market has recorded strong growth since 2023, driven by rising demand from international buyers, younger professionals, and Moroccan expatriates seeking second homes and lifestyle investments. The city, long associated with retirees and seasonal visitors,......
The United States economy showed mixed signals at the end of the first quarter of 2026, as inflation continued to rise while economic growth slowed more than expected. The latest economic indicators released on Thursday highlighted ongoing pressure on consumers and businesses, even as financial markets......
Cheniere Energy Partners has signed a major agreement with Bechtel Energy to move forward with the first phase of the expansion of its Sabine Pass LNG terminal in Louisiana, reinforcing the United States’ position as one of the world’s leading exporters of liquefied natural gas. The agreement......
Hormel Foods reported stronger-than-expected quarterly results on Thursday, driven by sustained demand for protein-rich food products, particularly chicken and turkey. The U.S.-based food company, known for brands such as Skippy peanut butter, exceeded analysts’ expectations for both sales and......
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