Commercial vessels are pictured offshore in Dubai on March 11, 2026. – | Afp | Getty Images Iran’s de facto blockade of the Strait of Hormuz has stoked fears of the gravest disruption to global oil supply in history, as the Middle East conflict stretches into its third week. The blockade has squeezed shipping traffic…
An employee monitors bottles as they move along the drug production line inside the packaging unit at the Lupin Ltd. pharmaceutical plant in Salcette, Goa, India, Bloomberg | Bloomberg | Getty Images The closure of the Strait of Hormuz by Iran is a military strategy with vast consequences for the global economy, not just in…
A fuel nozzle is inserted into a combustion engine at a petrol pump at a filling station during a refueling process. Picture Alliance | Picture Alliance | Getty Images Countries around the world have scrambled to cope with the fallout of the energy shock from the Iran war, imposing measures from fuel export bans, loosening…
Scott Bessent, US treasury secretary, speaks during a Senate Banking, Housing, and Urban Affairs Committee hearing in Washington, DC, US, on Thursday, Feb. 5, 2026. Kent Nishimura | Bloomberg | Getty Images The U.S. on Thursday launched new trade investigations into 60 economies to determine whether they failed to curb imports of goods made with…
TOPSHOT – US President Donald Trump (L) and China’s President Xi Jinping arrive for talks at the Gimhae Air Base, located next to the Gimhae International Airport in Busan on October 30, 2025. Donald Trump and Chinese leader Xi Jinping will seek a truce in their bruising trade war on October 30, with the US…
This report is from this week’s “Inside India” newsletter which brings you timely, insightful news and market commentary on the emerging powerhouse. Subscribe here. The big story India rarely ties its foreign policy to a single partner or bloc. But war has a way of forcing choices. The escalating U.S.–Israel war with Iran is now compelling…
US President Donald Trump speaks to reporters before boarding Marine One as he departs from the South Lawn of the White House in Washington, DC, on March 11, 2026. Brendan Smialowski | AFP | Getty Images The Trump administration on Wednesday announced new trade investigations of China, Mexico, the European Union and more than a…
U.S. Sen. Ruben Gallego (D–AZ) speaks during the “People’s State of the Union” event ahead of U.S. President Trump’s State of the Union address in Washington, D.C., U.S., Feb. 24, 2026. Elizabeth Frantz | Reuters Congressional Democrats are demanding that the Trump administration immediately reverse a sanctions waiver allowing Indian refiners to purchase Russian oil…
A drone view of an Evergreen container ship docked at the port of Umm Qasr during nighttime operations in Basra, Iraq, March 5, 2026. Mohammed Aty | Reuters BEIJING — Surging oil prices following the Iran war are expected to impact China less than in past years as the country has built large crude stockpiles…
Investors have poured money into emerging markets in recent years as the search for big stock gains has migrated overseas and as they look for diversification beyond the concentrated S&P 500. But the U.S.-Iran military conflict has reframed the concentration question, highlighting the level of risk in emerging markets when it comes to gains being…
