Oil Prices
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financeJapan's Q1 GDP Surges Past Forecasts, Energy Crisis Looms
Japan's economy grew an annualized 2.1% in Q1, beating expectations, but the Middle East conflict threatens future growth.
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financeIran Conflict Costs Global Firms $25B as Oil Tops $100
Airlines bear $15B of $25B in war costs; supply chains buckle as oil prices surge.
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worldTrump Warns Iran: Accept Peace or Face Destruction
President Trump escalates rhetoric, threatening dire consequences if Iran rejects peace talks amid stalled diplomacy and market instability.
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worldIndia's Modi Urges Austerity as Iran War Strains Economy
With oil imports surging and foreign reserves falling, Modi calls for voluntary belt-tightening. Can patriotic sacrifice avert a deeper crisis?
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financeNew Bank of Korea Board Member Flags Heightened Inflation Risks
Kim Jin-ill says oil prices and Middle East conflict are driving renewed inflation worries for South Korea.
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financeGlobal Stocks Slide as Oil Surges, Iran Ceasefire Falters
Equities dip worldwide as U.S. inflation data and rising oil prices from Iran tension pressure markets.
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worldUN Chief Urges Immediate De-escalation in Strait of Hormuz Crisis
As oil prices surge, UN Secretary-General António Guterres calls for a peaceful resolution to the Strait of Hormuz crisis, warning of severe food security risks for Africa.
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cryptoKen Griffin Warns of Global and US Recession if Strait of Hormuz Stays Closed
Billionaire Ken Griffin says a prolonged closure of the Strait of Hormuz could trigger a global and US recession due to soaring oil prices.