Keywords: Crisis
The war involving Iran is raising alarm across global supply chains, with companies warning that the disruption could exceed the impact of the COVID-19 crisis. A survey conducted by Allianz Trade across 6,000 firms in 13 countries shows that nearly two thirds expect further supply shocks driven by rising......
A global energy shock triggered by the conflict between Iran and the United States has pushed demand for electric vehicles and solar power to record levels. The near closure of the Strait of Hormuz disrupted oil flows and drove sharp price increases, prompting households and businesses to shift away......
Myanmar’s military-backed government has imposed martial law in 60 townships, reinforcing its control over regions still affected by armed conflict years after the 2021 coup. The decision, announced through emergency ordinances, transfers executive and judicial powers in the affected areas to......
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......
Jack Buser, global head of gaming at Google Cloud, has argued that the current business model of the video game industry is no longer sustainable, pointing to artificial intelligence as the most viable path forward. Speaking around the Google Cloud Next 2026 in Las Vegas, he said rising development costs......
The head of the International Energy Agency has warned that the disruption in the Strait of Hormuz may trigger lasting changes in global energy markets, even if the passage reopens. Executive director Fatih Birol said the era of heavy dependence on a single maritime chokepoint is nearing its end, adding......
The head of DHL Group has warned that the global economy is approaching a critical threshold as an oil supply deficit linked to the conflict involving Iran disrupts energy flows and trade. Chief executive Tobias Meyer said the impact on logistics operations is already significant, with mounting pressure......
Russia’s fiscal position has deteriorated sharply in early 2026, forcing the government to introduce emergency measures as revenues fall and spending rises. The federal budget deficit reached 4.6 trillion rubles, or about 58.8 billion dollars, in the first quarter alone, already exceeding the full......
US crude oil inventories posted an unexpected decline of 4.4 million barrels in the week ending April 17, far exceeding market expectations for a one million barrel draw. The drop follows a 6.1 million barrel increase the previous week and reflects growing volatility in global oil markets as disruptions......
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