Oil Prices
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financeNY Fed Warns Middle East Conflict Risks US Supply Shock, Higher Oil Prices
New York Fed President John Williams signals a potential US supply shock due to Middle East tensions, with oil prices expected to rise.
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financeCanadian Gasoline Spending Surges 9.1% in March Amidst Geopolitical Tensions
RBC tracker reveals a significant rise in Canadian gasoline spending for March, driven by oil price hikes linked to Middle East conflicts. Essential spending remains strong.
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financeIndia's Investment Appeal Dims Amidst FX Curbs and Earnings Risks
Foreign investors grow wary of India as currency hedging costs surge due to FX restrictions and rising earnings risks from oil prices pressure equities.
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financeSouth Korea Import Prices Surge to 3-Year High on Oil Costs
South Korea's import prices saw their sharpest rise in over three years in March, driven by a significant surge in oil prices amid Middle East tensions.
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worldIMF Warns of Global Recession Risk as Iran Conflict Escalates
The International Monetary Fund has downgraded its global growth outlook, citing energy price spikes and supply disruptions due to the Iran war, and warning of a potential recession.
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worldIEA Warns of Unprecedented Energy Crisis Fueling Oil Price Hikes
International Energy Agency chief Fatih Birol warns of the largest energy security threat in history, driven by Middle East conflict, leading to significant oil price increases.
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worldIran Threatens Gulf Neighbors as US Blockade Deadline Passes
US military blockade of Iranian ports takes effect amid stalled peace talks. Tehran warns of retaliation, oil prices surge.
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financeUS Markets Brace for Volatility as Iran Peace Talks Collapse
Wall Street faces a subdued open as failed US-Iran peace talks and escalating tensions fuel investor caution. Goldman Sachs' earnings also weigh on sentiment.