
Global Stocks Retreat, Oil Surges Amid Iran War and Stagflation Fears; Crude Futures Move Higher
Global markets continue to be impacted by the Iran War and oil shock, with stocks retreating and crude oil prices pushing past $100 again, as crude futures move higher in early U.S. trade. Fuel prices are stabilizing at high levels, and inflation is expected to rise, while the EU warns of stagflation risks and rejects fiscal easing.
The Story
Analyzing sources…
Source Diversity
Source Diversity
Excellent (92/100)Sources
Services firms feel the squeeze as oil rally from Iran war fails to spur drilling - Reuters
Services firms feel the squeeze as oil rally from Iran war fails to spur drilling Reuters
Read full article →Energy Crisis Forces India’s Eateries to Adapt
A small street stall and a big restaurant chain in India rethought how to cook after the war in the Middle East squeezed their supply of liquified petroleum gas.
By Nailah Morgan, Karan Deep Singh and Jon Hazell
Read full article →Economists See Oil Spike Costing Canada Jobs, Raising Inflation - Bloomberg.com
Economists See Oil Spike Costing Canada Jobs, Raising Inflation Bloomberg.com
Read full article →Week Ahead for FX, Bonds: U.S. Jobs, Eurozone Inflation Data Could Reveal Middle East War Impact - WSJ
Week Ahead for FX, Bonds: U.S. Jobs, Eurozone Inflation Data Could Reveal Middle East War Impact WSJ
Read full article →Echoes of history: what the oil shock means for your money
As central bankers tread the line between controlling inflation and avoiding economic stagnation, investors face tough decisions
Read full article →War in the Middle East: Asia hit hard by disruptions to energy markets
In the fourth week of the war in the Middle East, countries grappling with fuel shortages have been offered little reprieve. In Asia, countries are particularly vulnerable to disruptions as they are dependent on energy supplies from the Persian Gulf. FRANCE 24 takes a look at some of the impacts and ways people and governments are trying to adapt.
By FRANCE24
Read full article →Analysis-Services firms feel the squeeze as oil rally from Iran war fails to spur drilling
Read full article →The not-so-hidden cost of a faraway war
LPG prices surge amid West Asia crisis, forcing Mumbai eateries to cut menus, raise prices or shrink portions as supply disruptions hit small businesses hard.
Read full article →Iran war could mean stagflation for EU, Dombrovskis says
The European Union economy is at risk of stagflation as a result of the surge in energy prices caused by the Iran war, European Economic Commissioner Valdis Dombrovskis said. “The outlook is clouded by profound uncertainty, but it is clear that we are at the risk of a stagflationary shock, that is to say, a […]
Read full article →Iran and US-Israel War Impacts Bali Hotel Occupancy - Tempo.co English
Iran and US-Israel War Impacts Bali Hotel Occupancy Tempo.co English
Read full article →Energy crisis: European Commission rejects fiscal easing — what applies to the escape clause
Despite serious challenges, the Commission is putting the brakes on scenarios of fiscal loosening, stressing that any fiscal measures adopted must remain consistent with the net expenditure growth paths set by the Council The post Energy crisis: European Commission rejects fiscal easing — what applies to the escape clause appeared first on ProtoThema English.
By admin
Read full article →Coverage Timeline
Related Stories

Philippine President Marcos Jr. Declares Energy Emergency Amid Fuel Crisis
just now
Philippines Earmarks P230 Billion for Mideast Crisis Response; Senators Probe Oil Profiteering
just now

Nigerian Naira Appreciates Against US Dollar in Parallel Market
15m ago

EU Considers Ending Daylight Saving Time, Decision Possible by 2026
17m ago