Economy
Evangelos Marinakis told shipping executives that paying Iran a transit fee of 100,000 to 200,000 dollars per vessel would be preferable to a prolonged closure of the Strait of Hormuz. He delivered the remarks at an industry forum in Athens held during a major maritime gathering. He argued that a predictable......
The European Bank for Reconstruction and Development has lowered its growth forecast for the economies in its coverage area for 2026. The institution now expects aggregate expansion of 3.1 percent, a decline of 0.5 percentage points compared with its February projection. The revision reflects the economic......
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......
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......
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......
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......
Global companies have incurred losses of at least 25 billion dollars due to the war between the United States and Israel and Iran. The conflict has forced widespread defensive action across corporate balance sheets, affecting pricing strategies, production levels, dividend policies, and emergency funding......
Iran has claimed that tighter control over the Strait of Hormuz could generate economic returns capable of doubling its oil revenue, according to statements attributed to a senior military official. The assessment comes as tensions remain high between Iran, the United States, and Israel, with maritime......
European Central Bank policymaker Olli Rehn has warned that recent economic data point to early signs of stagflation in the eurozone, linking weak growth and rising inflation to energy shocks driven by geopolitical tensions. Speaking in Helsinki, Rehn said the latest indicators suggest the eurozone......
German officials tasked with identifying vulnerabilities in American supply chains have singled out potash, a critical agricultural input that the United States imports in overwhelming quantities, as a potential pressure point in any future confrontation with the Trump administration. The analysis forms......
Dubai International Airport, the world's busiest hub for international passenger traffic, recorded a 65.7 percent year-on-year drop in passenger numbers in March 2026, welcoming just 2.5 million travelers as the conflict involving the United States, Israel, and Iran triggered repeated airspace closures......
Two months into the largest oil supply disruption on record, the global energy crisis escalates as U.S.-Israel-Iran war effects deepen. Crude prices hold above $100 per barrel while strategic reserves deplete fast. Governments brace for forced demand rationing as fuel stocks melt away. The International......
The global aviation sector is facing a severe disruption as jet fuel prices surge following the closure of the Strait of Hormuz. The escalation stems from military strikes by the United States and Israel against Iran on February 28, which effectively halted a key energy transit route. Fuel costs have......
