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Keywords: Prices


Energy shock from Iran war shifts western orders back to China

The Canton Fair opened in Guangzhou with record scale, bringing together more than 32,000 companies and over 210,000 registered foreign buyers. The event reflects strong global trade interest, yet it unfolds under the shadow of a prolonged conflict involving the United States, Israel, and Iran. The war......

European power prices drop below pre war levels on renewable surge

European electricity prices have fallen below levels seen before the Middle East conflict, driven by a combination of expanding renewable energy output and a sharp decline in natural gas prices. The drop accelerated after Iran announced the reopening of the Strait of Hormuz, easing concerns over energy......

Aluminum prices fall after Iran reopens Hormuz to shipping

Aluminum prices declined on Friday after Iran announced the reopening of the Strait of Hormuz to commercial traffic, easing supply concerns that had driven the metal to a four year high. The statement followed a 10 day ceasefire linked to tensions between Israel and Lebanon, triggering a broader pullback......

Nornickel says higher prices offset rising costs and longer delivery times amid Middle East conflict

Russian mining and metals company Nornickel has reported that rising global metal prices are helping to offset higher logistics costs and longer delivery times caused by disruptions linked to the ongoing conflict in the Middle East. The company said that shipping routes for its base metals exports have......

Italy sees modest growth in q1 supported by winter olympics, central bank says

Italy’s economy recorded modest growth during the first quarter of 2026, supported in part by increased activity linked to the Milano Cortina 2026 Winter Olympics, according to recent estimates from the Bank of Italy. In its latest economic bulletin, the central bank indicated that gross domestic......

Oil prices fall 5 percent as hopes rise for easing tensions in the Middle East

Global oil prices declined sharply on Friday, falling by around 5 percent as markets reacted to growing expectations of easing geopolitical tensions in the Middle East. Benchmark crude prices dropped below the symbolic $100 per barrel level, reflecting a shift in investor sentiment. Brent crude and......

European gas prices rise as Iran ceasefire deadline nears

European natural gas prices moved higher on Thursday as markets weighed uncertainty around ongoing diplomatic efforts between the United States and Iran, with a fragile ceasefire set to expire within days. The benchmark Dutch TTF contract climbed about 2 percent on April 16 to roughly 42.24 euros per......

TotalEnergies workers go on strike in France over fuel prices

Service station employees at TotalEnergies have gone on strike across France to protest rising fuel prices and demand higher wages, according to union representatives. The industrial action comes as workers argue that they are struggling to cope with increased living costs linked to higher fuel prices.......

EU warns gas prices will stay high for years after war damage

Europe will face elevated natural gas prices for years, even under the most optimistic scenario, the EU’s energy chief has warned, citing extensive damage to production infrastructure in the Gulf during the war involving Iran. The disruption has already tightened global supply and driven sharp......

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