HUAIAN, CHINA – MARCH 09: Vehicles queue at a petrol station on March 9, 2026 in Huaian, Jiangsu Province of China. Zhao Qirui | Visual China Group | Getty Images China’s factory-gate prices rose for the first time in more than three years while consumer inflation moderated in March, amid a surge in oil prices…
The West Texas Intermediate was up 0.62% at $98.48 per barrel as of 7:50 p.m. ET. Brent crude ended the session at $95.92 per barrel. Source link
President Donald Trump speaks to press at the White House, in Washington, April 6, 2026. Kyle Mazza | Anadolu | Getty Images President Donald Trump on Thursday said that Iran “better stop now” if it’s charging fees to oil tankers passing through the Strait of Hormuz. Trump’s warning in a Truth Social post put even…
Cargo vessel, Ali 25, in the Gulf, near the Strait of Hormuz on March 22, 2026 in northern Ras al Khaimah, United Arab Emirates. Getty Images The U.S. and Iran’s “fragile truce” has lifted hopes that a full reopening of the Hormuz Strait can end the energy supply crunch that threatens to cripple the global…
A month into the worst oil supply disruption since the 1970s Arab embargo, the economic pain spreading across Asia is reviving an uncomfortable question: Could this be 1997 all over again? The parallels are hard to ignore. Asian currencies are under pressure, fueling the risk of capital outflows. Spiking energy costs have pushed governments to…
Yvette Cooper, UK foreign secretary, delivers the opening remarks as she chairs a virtual meeting to discuss the re-opening of the Strait of Hormuz, in London, UK, on Thursday, April 2, 2026. Bloomberg | Bloomberg | Getty Images U.K. Foreign Minister Yvette Cooper is expected to call for unhindered access through the Strait of Hormuz…
A batch of exported urea fertilizers is being concentrated at the port for shipment at Yantai Port in Shandong Province, China on March 26, 2026. Cfoto | Future Publishing | Getty Images An unusually powerful El Niño later this year could exacerbate food security fears as disruption caused by the Iran war strains supply for…
U.S. President Donald Trump observes naval flight demonstrations on the deck of the USS George H.W. Bush aircraft carrier on October 5, 2025. Alex Wong | Getty Images News | Getty Images President Donald Trump said Wednesday U.S. military forces will remain deployed in and around Iran until Tehran fully complies with the “real agreement,”…
Hello, this is Priyanka Salve, writing to you from Singapore. Welcome to the latest edition of “Inside India“ — your one-stop destination for stories and developments from the world’s fastest growing large economy. Just as India’s textile industry was beginning to stabilize after U.S. tariffs, it received another blow. Industry leaders tell me the Iran…
This picture taken on March 26, 2026 shows an oil tanker unloading crude oil at a port in Yantai, in China’s eastern Shandong province. CN-STR | Afp | Getty Images Oil prices rose Thursday after Iran accused the United States of violating elements of a two-week ceasefire agreement, raising concerns that tensions could escalate again…
