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Keywords: Iran war


Halliburton boosts second-quarter profit as international demand offsets Middle East slowdown

The company said growth across key overseas markets, particularly in Latin America, Europe, and Africa, provided a significant boost to its performance during the quarter. Demand for Halliburton’s equipment and energy-related services remained resilient in these regions, compensating for a slowdown......

Global oil market weathers historic Iran supply shock, but shrinking reserves raise fresh price risks

The global oil market has so far demonstrated remarkable resilience after losing more than one billion barrels of supply during the conflict involving Iran. However, industry analysts warn that the stability achieved in recent months has come at the expense of emergency stockpiles, leaving the market......

BASF chief warns Iran conflict could disrupt global car production

The chief executive of BASF has warned that an escalating conflict involving Iran could trigger widespread shortages of key raw materials and disrupt global automotive manufacturing in the second half of 2026. Markus Kamieth said supply chains are increasingly exposed to geopolitical shocks that are......

Iata set to slash airline profit outlook amid fuel shock

Global airline executives are gathering in Rio de Janeiro for a major industry meeting as the sector faces mounting pressure from a sharp rise in jet fuel costs linked to the war in Iran. The International Air Transport Association is expected to significantly cut its previous 2026 profit forecast of......

Gulf sovereign funds deploy 25 billion dollars amid Iran war shock

Global sovereign wealth funds from the Gulf continued heavy investment activity despite the escalation of war involving Iran. A new sector report covering the March to May period shows that public investors across Gulf Cooperation Council states executed around 25 billion dollars in global transactions.......

ECB warns Iran war could double scar eurozone consumers

The European Central Bank has warned that a potential war involving Iran could have a disproportionately strong impact on consumers in the eurozone, with effects described by researchers as a “double scar” on households already sensitive to price changes. The assessment is based on new internal......

Iran war splits global markets into clear winners and losers

The ongoing Iran conflict has reshaped global financial markets, creating a clear divide between winners and losers as energy prices, currencies, and inflation expectations continue to shift. Three months into the conflict involving Iran, oil prices have surged significantly, influencing global inflation......

JPMorgan sees end of goldilocks economy amid Iran war

The global economy is losing the conditions that once defined a “goldilocks” scenario of steady growth and moderate inflation, according to economists at JPMorgan. The bank links this shift to the ongoing war in Iran, which has disrupted energy markets and created a persistent shock across......

Xi Jinping backs Pakistan mediation in US Iran war talks

Chinese President Xi Jinping met Pakistani Prime Minister Shehbaz Sharif in Beijing on Monday, with discussions focused on diplomatic efforts to end the ongoing conflict between the United States and Iran. The meeting highlighted China’s support for Pakistan’s continued role as an intermediary......

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