Oil supply shock drives global shift as China boosts clean tech exports

The war in Iran has triggered what energy officials describe as the largest supply disruption in the history of the global oil market. The shock has reshaped energy demand patterns and accelerated a shift toward alternative sources, placing China at the center of the transition. Despite being Iran’s......

Airlines face lasting fuel pressure as Virgin Atlantic warns on costs

The global aviation sector is confronting sustained disruption as jet fuel prices surge and supply tightens, with Corneel Koster warning that elevated fuel costs are likely to persist. The crisis follows the closure of the Strait of Hormuz, which has cut off roughly one fifth of global oil flows. Six......

Rising pressure on G7 debt as global challenges mount

Public debt levels across the Group of Seven have increased significantly in recent years, raising concerns about the long-term stability of government finances in the world’s most advanced economies. Countries including the United States, Germany, and Japan are facing mounting fiscal pressure......

Oil shock widens inflation gap between emerging and developed markets

The oil shock from six weeks of U.S.-Iran war drives consumer prices higher in advanced economies, while much of the developing world stays sheltered, widening inflation divergence and reshaping global bond outlooks. Heading into 2026, emerging market inflation stabilized near central bank targets, backed......

China's Q1 GDP growth forecast to rebound to 4.8% despite Iran war risks

China's economy gained momentum in the first quarter of 2026, but economists warn the ongoing Iran war could drag growth for the rest of the year as energy costs rise and global demand weakens. A Reuters poll of 50 economists published Monday projects gross domestic product expanded 4.8 percent year-on-year......

Gold falls as Trump Hormuz blockade lifts oil and dollar

Gold prices dropped in early Asian trading after Donald Trump ordered a naval blockade of the Strait of Hormuz, triggering a surge in oil prices and strengthening the US dollar. The decline followed Trump’s announcement that the US Navy would immediately block vessels entering or leaving the strategic......

Hormuz crisis boosts China clean energy exports as oil flows disrupted

The crisis in the Strait of Hormuz has accelerated a global shift away from fossil fuels, driving a sharp increase in China’s clean energy exports as countries seek alternatives to disrupted oil and gas supplies. Since Iran effectively blocked the strategic maritime route on February 28 following......

Oil prices surge while gold falls after announcement of Iranian port blockade

Global commodity markets reacted sharply after the United States announced a blockade targeting Iranian ports, triggering a surge in oil prices and a decline in gold. Crude oil benchmarks rose significantly, with prices climbing above the symbolic $100-per-barrel threshold. The increase reflects growing......

Trump warns China of steep tariffs over potential military support to Iran

U.S. President Donald Trump has warned that China could face heavy trade penalties if it provides military assistance to Iran amid the ongoing regional conflict. Speaking in a televised interview, Trump stated that Washington could impose tariffs of up to 50% on Chinese goods if Beijing were found to......

Lebanese finance minister Yassine Jaber heads to Washington for IMF and World Bank meetings

Lebanese Finance Minister Yassine Jaber has travelled to Washington to take part in the annual spring meetings of the International Monetary Fund (IMF) and the World Bank (WB), which will be held from April 13 to 18. He is leading a Lebanese delegation that also includes the Minister of Economy Amer......

Markets rise 6% weekly, ending six-week losing streak after easing geopolitical tensions

Domestic equity markets posted strong gains this week, rising nearly 6% and breaking a six-week losing streak, as easing geopolitical tensions between the United States and Iran boosted investor confidence and reduced global volatility. The BSE Sensex closed Friday 1.2% higher, gaining 919 points to......

From Boston to Denver, US drivers reduce travel as Iran war drives fuel prices higher

Rising fuel prices across the United States are forcing drivers in major cities such as Boston, Houston, and Denver to change their daily habits, as the ongoing conflict involving Iran continues to disrupt global energy markets. Motorists report cutting back on long-distance travel, adjusting commuting......

JPMorgan bullish S&P 500 call tested as Iran ceasefire wavers

JPMorgan adopted a tactical bullish stance on U.S. equities this week after a two-week ceasefire agreement between the United States and Iran, forecasting a potential 6 percent rally in the S&P 500 as market sentiment improves. The outlook followed a strong market rebound on April 8. The Dow Jones......

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