Oil rises on reports US will extend Iran blockade, prolonging Mideast supply disruptions Reuters Oil rises on reports US will extend Iran blockade, prolonging Mideast supply disruptions Reuters
US Treasury Secretary Bessent says Kharg Island is nearing storage capacity, costing Iran around $170mn per day in lost revenue and risking permanent damage to its oil infrastructure. US Treasury Secretary Bessent says Kharg Island is nearing storage capacity, costing Iran
NIESR cuts UK 2026 GDP forecast to 0.9% from 1.4%, sees inflation peaking above 4% in 2027 and warns of recession risk if the Iran war worsens. NIESR cuts UK 2026 GDP forecast to 0.9% from 1.4%, sees inflation peaking above 4% in 2027 and warns of recession risk if the Ira
It will take many months for Middle East gas and oil volumes to fully recover from the U.S./Israel-Iran conflict, even if all hostilities stop today. It will take many months for Middle East gas and oil volumes to fully recover from the U.S./Israel-Iran conflict, even if a
The decision itself is unlikely to move markets, with the hold unanimous and widely expected. The decision itself is unlikely to move markets, with the hold unanimous and widely expected. The significance lies in the language. Chile's explicit warning that the Middl
Chile's central bank holds at 4.50% on Middle East oil shock risk Chile's central bank held its benchmark interest rate at 4.50% in a unanimous decision, with the Banco Central de Chile (BCCh) board citing the worsening Middle East conflict as a key factor weighing on the...
Chile's central bank held its benchmark interest rate at 4.50% in a unanimous decision, with the Banco Central de Chile (BCCh) board citing the worsening Middle East conflict as a key factor weighing on the policy outlook. Chile's central bank held its benchmark interest r
Last month, QatarEnergy declared force majeure on long-term liquefied natural gas (LNG) contracts to buyers in Europe and Asia following severe damage to its Ras Laffan production facilities by Iran’s missile strikes. Last month, QatarEnergy declared force majeure on long-
CBA sees Australian March CPI at 4.6%yr, trimmed mean at 3.5%yr, and calls for a 25bp RBA hike in May. CBA sees Australian March CPI at 4.6%yr, trimmed mean at 3.5%yr, and calls for a 25bp RBA hike in May. Westpac warns the Iran energy shock will broaden through H2 2026.</
US intel agencies are studying how Iran would react to the US declaring victory UAE quits OPEC and OPEC+ US April consumer confidence 92.8 vs 89.0 expected US Richmond Fed March composite index +3 vs 0 prior US orders chip equipment companies to stop shipments to China's... <
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