South African rand range-bound as Middle East conflict weighs on risk sentiment - Reuters

South African rand range-bound as Middle East conflict weighs on risk sentiment  Reuters

'Ripple of fear' over Iran war hits consumer confidence

A key survey indicates growing doubt among shoppers over prospects for the UK economy in the next year.

Resurgent Inflation Tests Faith in Fed’s Willingness to Tame It

The war in the Middle East risks worsening an inflation problem that the Federal Reserve has struggled for years to subdue.

By Colby Smith and Ben Casselman

Zimbabwe Gold Exports at Risk From Escalating Middle East War - Bloomberg

Zimbabwe Gold Exports at Risk From Escalating Middle East War  Bloomberg

Yemenis fear economic consequences of being dragged into US-Iran conflict

Iran-allied Houthis yet to get involved in conflict, but could target shipping in Red Sea.

‘All bets are off’: European borrowing costs hit 15-year highs as investors brace for rate hikes

Bonds issued by various European countries continued to sell off on Friday, deepening a rout that has been mostly continuous since the U.S.-Iran war began.

JPMorgan analyst tempts Scott Bessent’s wrath once more with projections of oil shortages, possibly in California

Asian countries are the first to experience shortages as a result of the effective closure of the Strait of Hormuz but within six weeks the whole world will feel the pinch, JPMorgan calculates

By Jules Rimmer

Trump delays his ultimatum to Iran while US military builds up in the Middle East

The US president has extended the deadline he gave Tehran to accept his terms until April 6, warning that he will ‘unleash hell’ if it fails to do so

By Macarena Vidal Liy,Rodrigo Silva Martínez

Oil prices soar past $110 a barrel again after Iran says Strait of Hormuz is closed

The cost of oil has surged again following Iran’s announcement that the Strait of Hormuz is “closed” and that any transit through the waterway will face “harsh measures”.

By Albert Toth

Israel hits Tehran with wave of strikes and warns attacks on Iran 'will escalate and expand'

'On our toes over deficit': Sitharaman amid Middle East crisis, dismisses lockdown rumours

Finance Minister Nirmala Sitharaman assured that India will maintain fiscal prudence while shielding citizens from rising global crude oil prices. She highlighted India's stable fuel prices compared to other nations, dismissing lockdown rumors as baseless and aimed at creating fear. The government has reduced excise duty on petrol and diesel to protect consumers.

By TOI BUSINESS DESK

GDP: From the US to India, who are the economic winners and losers of US-Iran war?

By Udit Misra

PM Modi must use his relationships to help end US-Iran war: Omar Abdullah

Abdullah, who is the the Leader of the House in Legislative Assembly, made the statement on Iran war after several National Conference MLAs pressed for it

China says US-Iran talks would help restore Hormuz transit, supports Pakistan as mediator

Initiating peace talks in the war on Iran “is no easy task,” but it would be “conducive to restoring normal navigation through the Strait of Hormuz,” Chinese Foreign Minister Wang Yi said during a call with Deputy Prime Minister and Foreign Minister Ishaq Dar on Friday. The two “agreed to jointly promote a ceasefire and cessation of hostilities and the resumption of peace talks, to ensure the safety of non-military targets and waterways,” according to a summary of the call released by the Chi...

By none@none.com (ReutersNews Desk)

Iranian ambassador insists Cyprus, UK bases not targets

Urges stronger diplomatic role from Cyprus Iran’s ambassador to Cyprus, Alireza Salarian, said on Friday that neither the republic nor the British bases are considered targets in Iran’s ongoing conflict with the United States and Israel, while calling on Cyprus to take a more active diplomatic role as holding the EU council presidency. In an […]

"Insanity": US Senator Blames Trump As Iran Imposes $2 Billion Fee In Hormuz

"Here's the problem. The strait was open before the war began, we are now seeking to solve a problem that we created. This is insanity!" he said.

Seoul stocks end tad lower amid mixed signals on Iran war

South Korean stocks closed a tad lower Friday after paring most of their earlier losses amid the United States' mixed signals on its war against Iran and eased concerns over the chipmaking industry. The local currency lost ground against the greenback. After opening 2.93 percent lower, the benchmark Korea Composite Stock Price Index fell 21.59 points, or 0.4 percent, to end at 5,438.87, after dipping to as low as 5,220.10. Trade volume was moderate at 889.8 million shares worth 23 trillion won (

By The Korea Herald

Stocks sharply down late Fri. morning on Mideast uncertainties - Yonhap News Agency

Stocks sharply down late Fri. morning on Mideast uncertainties  Yonhap News Agency

Oil could spike to $200 if the Iran war drags on until June: report

Oil price hike, in cartoons

While global headlines focus on the US-Israeli war on Iran, Filipino consumers are feeling a different kind of strike at the oil pump. Cartoonists have begun sharing their latest works, capturing the root cause and impact of the ongoing oil price hikes.

By zborromeo

Man nabbed for illegal refilling of LPG cylinders in Nueva Ecija

MANILA, Philippines — A man in Nueva Ecija was arrested for allegedly illegally refilling liquified petroleum gas (LPG) cylinders, the Philippine National Police (PNP) said on Friday. The suspect was tracked down by operatives to Barangay Pacac, Guimba town on Wednesday, according to PNP spokesperson Brig. Gen. Randulf Tuaño in a press briefing. “They were

By cbuban

Oil drops as Trump pauses Iran strikes, but stock traders nervous

Oil prices, equities fall as traders shrug off Trump's latest Iran deadline extension amid White House mixed signals

By AFP

Sri Lanka jails man over 4 liters of hoarded petrol amid fuel crisis

Sri Lanka has jailed a man for three weeks after he admitted to hoarding four liters of petrol during a nationwide fuel shortage triggered by the Middle East war, local media reported Friday.

Iran Conflict Drives Surge In China EV Demand

Iran Conflict Drives Surge In China EV Demand A sharp rise in oil prices tied to the US-Israel confrontation with Iran is likely to speed up the global transition to electric vehicles, strengthening a shift that has already helped China overtake Japan as the world’s top car seller, according to South China Morning Post. Crude prices have surged past $100 a barrel amid fears of disruption to energy supplies, particularly through the Strait of Hormuz. US President Donald Trump esc...

By Tyler Durden

Malaysia eyes Petronas’ global investments for fuel supply buffer as US-Iran crisis worsens

SHAH ALAM, March 27 — Malaysia is exploring ways to leverage Petronas’s diversified global investments in or...

By Muhammad Yusry

Oil price rises to $108 as Iran describes US plan to end war one-sided

The price of crude oil in the international market continued to rise yesterday, with Iranian officials maintaining their criticism of the 15-point peace plan proposed by the United States to end the US-Israel war on the country.... The post Oil price rises to $108 as Iran describes US plan to end war one-sided appeared first on Vanguard News.

By olufemiajasa

Oil: Nearly 6% jump in prices with Brent at $108 and uncertainty growing

Continued tension in the Middle East pushed crude to a new high of nearly 6%, with markets worried about new supply disruptions and prolonged energy instability The post Oil: Nearly 6% jump in prices with Brent at $108 and uncertainty growing appeared first on ProtoThema English.

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