EconomyInternational
IMF Raises 2026 Global Growth Forecast to 3.1%
The IMF nudged its 2026 global growth forecast up to 3.1%, citing an AI investment boom that offsets a Middle East energy shock, as divergence deepens.
—5 min read
Tag
#Oil Prices
41 articles
BusinessEconomy
Bond Yields Hit Two-Decade High as Oil Swings on Iran
U.S. Treasury yields surged to two-decade highs while oil prices swung on conflicting U.S.-Iran headlines, deepening a global bond selloff.
—6 min read
International PoliticsMiddle East
Trump: Iran War to End Right After Midterms
Trump says the US war with Iran will end 'right after' November's midterms, but privately his advisers warn it could last through his term.
—6 min read
Markets & Economy
Oil Prices Surge, Stocks Fall After US Hits Iran in Hormuz
US strikes on Iranian sites in the Strait of Hormuz sent oil prices up 2.8% and stocks lower as markets weigh regional instability and Fed rate hike risks.
—6 min read
EconomyPolitics
Iran War's Uneven Toll: Investors Win, Consumers Pay
Six months into the Iran war, stock markets surged while consumers face higher fuel, food and travel costs. The Wall Street-Main Street divide widens.
—6 min read
InternationalPolitics
Trump Claims US Has Full Control of Strait of Hormuz
Trump says US Navy has 100% control of the Strait of Hormuz and demands Iran pay compensation as the critical oil chokepoint stays closed.
—6 min read
EconomyMarkets
US Stocks Edge Lower as Oil Prices Rise, Earnings Roll In
US stocks slipped from recent records as rising oil prices, mixed earnings, and Iran-Oman Hormuz talks weighed on Wall Street. July jobs report due Friday.
—5 min read
Business
Stocks Waver Near Records as Oil Prices Hold Steady
US stocks wavered near record highs Wednesday as oil prices held steady amid ongoing Strait of Hormuz negotiations and strong corporate earnings.
—5 min read
International PoliticsEconomy
US, Iran Signal Possible Talks as Oil Prices Drop Sharply
Trump announces US-Iran negotiations as oil prices fall sharply, while Iran discusses new Strait of Hormuz shipping routes with Oman.
—6 min read
Energy
China Raises Gasoline and Diesel Prices as Oil Costs Surge
China's NDRC raised retail gasoline and diesel prices by 685 and 655 yuan per tonne from July 31 as Middle East conflict pushed crude costs higher.
—4 min read
International PoliticsMilitary
US Strikes Iran; Trump Says Tehran Not Ready for Deal
US launches 13th night of Iran strikes as Trump rules out deal, threatens 'massive attack' and warns Houthis. Oil tops $100.
—6 min read
Economy & Trade
Oil Shock and Tariffs Deliver Twin Blow to Global Economy
Surging oil prices from the Iran war and Trump's new tariffs are creating stagflation risks as households and businesses face rising costs worldwide.
—7 min read
InternationalEconomy
Houthi Attacks on Saudi Oil Tankers Open New Maritime Front
Yemen's Houthi rebels attacked two Saudi oil tankers in the Red Sea, opening a new front that threatens global oil supplies and energy markets.
—6 min read
Economy
Energy Prices Surge: Oil Above $97, Gas at Peak, Gasoline €2
Oil surges past $97, gas returns to peak levels, and Belgian gasoline approaches €2 per liter as Middle East conflict drives energy costs higher.
—5 min read
InternationalMilitary
US and Iran Trade Strikes for Ninth Night as War Escalates
US strikes Iran for ninth night as Tehran retaliates across the Gulf. Three American troops killed; oil tops $90 as Strait of Hormuz crisis deepens.
—5 min read
InternationalEconomy
Belgium Bans Israeli Settlement Imports as Oil Hits $90
Belgium bans Israeli settlement imports as oil surges past $90 and Europe faces a critical diesel shortage. EU textile destruction ban also takes effect.
—5 min read
EconomyEnergy
Europe Diesel Crisis: Inventories Head for Multi-Year Lows
Morgan Stanley warns European diesel inventories will hit multi-year lows as Middle East war, Russian export ban, and refining constraints converge.
—4 min read
EconomyEnergy
Oil Prices Surge Past $90 Per Barrel as Tensions Rise
Brent crude rises above $90/barrel for first time since June as renewed US-Iran hostilities disrupt shipping through the Strait of Hormuz.
—4 min read
BusinessMarkets
AI Stocks Tumble, Oil Surges as Iran Conflict Hits Markets
AI and tech stocks tumbled while oil prices surged amid escalating US-Iran conflict, as the S&P 500 posted its first losing week in three.
—4 min read
International ConflictEconomy
US and Iran Trade Strikes for Sixth Day as Diplomacy Hangs
US and Iran escalate attacks for a sixth day, striking near Tehran and in the Strait of Hormuz, as hostage release hints at possible diplomacy.
—6 min read
EconomyAviation
China's Big Three Airlines Face 7.3B Yuan H1 Losses on Fuel
China's three major airlines expect combined H1 losses of at least 7.3 billion yuan as surging fuel prices driven by Middle East conflict erode profits.
—4 min read
International PoliticsEconomy
U.S. and Iran Edge Toward War as Trump Renews Blockade
Trump reinstates the U.S. naval blockade of Iranian ports in the Strait of Hormuz, demanding a 20% cargo fee, as strikes escalate and oil prices surge.
—5 min read
InternationalWar
Iran Closes Strait of Hormuz as US Launches Fresh Airstrikes
Iran's IRGC closes the Strait of Hormuz to all shipping; US responds with a third round of airstrikes hitting 140 military targets in dramatic escalation.
—4 min read
Energy & EconomyPolitics
Middle East Escalation Drives Oil Prices Sharply Higher
Oil prices surged over 5% on July 8 as Trump declared the U.S.-Iran ceasefire 'over' and launched new airstrikes, raising fears of supply disruptions.
—5 min read
International RelationsPolitics
US and Iran Must Negotiate Again, Middle East Expert Says
Middle East expert Leo Kwarten argues the US and Iran must return to negotiations despite the collapse of their ceasefire and renewed military strikes.
—5 min read
Business & Economy
Oil Prices Drop as OPEC+ Boosts; Iran War Hits Fertilizer
OPEC+ boosts output as oil prices fall to pre-war levels, while the Iran conflict disrupts fertilizer supplies and threatens food costs.
—5 min read
EconomyEnergy
Oil Prices Drop Faster Than Expected After Iran Peace Deal
Oil prices fell nearly $10 in ten days after a US-Iran peace deal. Belgian fuel drops sharply but experts warn the fragile agreement may not hold.
—4 min read
EconomyEnergy
Oil Prices Drop to Pre-Iran War Levels: Relief at the Pump?
Oil prices have fallen to pre-Iran war levels around $73 per barrel. But gas prices remain high and winter risks loom for Belgian consumers.
—5 min read
EconomyEnergy
Belgian Gasoline Prices Drop to Lowest Since March
Maximum gasoline prices in Belgium fall to their lowest level since March, offering relief to motorists as Brent crude drops to nearly $76 per barrel.
—4 min read
BusinessEnergy
Oil Prices Hit Four-Month Lows as Hormuz Traffic Recovers
Oil prices dropped to four-month lows as tanker traffic through the Strait of Hormuz recovers to 25% of pre-war levels after the U.S.-Iran peace deal.
—4 min read
EconomyEnergy
Oil Falls Below $75 as Hormuz Traffic Recovers After Waiver
Oil drops below $75 for first time since March as Treasury issues 60-day Iran waiver and Strait of Hormuz traffic recovers, signaling de-escalation.
—5 min read
Economy
Belgian Diesel Drops to €1.903 as Oil Tensions Ease
Belgium's SPF Economy announces diesel prices will fall to €1.903 per liter on Saturday, the second drop in a week amid easing US-Iran tensions.
—4 min read
International PoliticsEconomy
US-Iran Peace Deal Signed as CIA Doubts Nuclear Commitments
US and Iran signed a preliminary peace deal on June 15, sending oil prices tumbling. But the CIA has raised serious doubts about Iran's nuclear pledges.
—5 min read
EconomyInternational
Iran War Permanently Altered Global Economy, NYT Finds
Despite a framework deal to end US-Iran hostilities, the war has permanently reshaped oil trade, supply chains, and the global economy, NYT analysis finds.
—6 min read
EconomyGeopolitics
Oil Prices Surge Past $95 After New US Strikes on Iran
Brent crude surges above $95 after second day of US strikes on Iran. Strait of Hormuz blockade, Belgian fuel impact, and global inflation fears explained.
—4 min read
International ConflictEconomy
U.S.-Iran Conflict Escalates: Tanker Strikes and Fallout
U.S. strikes a third tanker carrying Iranian oil, killing three Indian sailors, as Iran retaliates and the World Bank warns of slowing global growth.
—6 min read
Middle East ConflictEconomy
Iran War Reshapes Economy as Conflict Spreads to Beirut
Oil spikes, US consumers cut spending, Israel bombs Beirut, and Trump claims a nuclear pledge as the Iran war enters its fourth month with no end in sight.
—6 min read
EconomyMiddle East Conflict
Iran War Reshapes US Consumer Spending as Oil Prices Surge
The Iran conflict drives oil above $100, forcing US consumers to cut spending and shift habits. OPEC+ boosts production as demand destruction fears grow.
—6 min read
International ConflictPolitics
US and Iran Trade Strikes; Trump Denies Talks Suspended
The US and Iran exchanged military strikes on June 2-3, 2026, as Trump denied negotiations were suspended. Oil prices surged.
—5 min read
BusinessEnergy
Exxon, Chevron Warn Oil Prices May Hit $160 in Hormuz Crisis
ExxonMobil and Chevron executives warn oil prices could hit $150-$160 per barrel as global inventories near critical lows amid the Strait of Hormuz crisis.
—5 min read
International ConflictPolitics
U.S. and Iran Trade Strikes, Escalating Middle East Tensions
The U.S. and Iran exchanged military strikes on May 28, threatening a fragile ceasefire and diplomatic talks. Oil prices surged as markets reacted.
—5 min read