Oil Prices Surge Above $100 Amid US-Iran War Risks and Global Supply Shocks
Global recession warnings intensify as the Iran War drives Brent crude above $100 per barrel, causing significant market volatility and prompting India to fast-track oil and LPG import deals amid Middle East supply shocks. Airlines are raising fares due to spiking jet fuel prices and tightening supplies, while investors closely watch the volatile oil market reacting to every change and lingering risks of a prolonged US-Iran conflict.
The Story
Analyzing sources…
Source Diversity
Source Diversity
Excellent (92/100)Sources
Iran and US harden positions as Tehran keeps grip on Strait of Hormuz - AP News
Iran and US harden positions as Tehran keeps grip on Strait of Hormuz AP News
Read full article →Which firms will clean up after the Iran war is finally over?: Maguire - TradingView
Which firms will clean up after the Iran war is finally over?: Maguire TradingView
Read full article →BlackRock’s Kapito Warns Investors Are Mispricing Iran Risks - Bloomberg.com
BlackRock’s Kapito Warns Investors Are Mispricing Iran Risks Bloomberg.com
Read full article →Oil Rises on Lingering Risks of Prolonged U.S.-Iran War - WSJ
Oil Rises on Lingering Risks of Prolonged U.S.-Iran War WSJ
Read full article →War with Iran disrupts fertilizer exports as U.S. farmers prepare for planting season
Gulf states are major fertilizer producers, and the war with Iran has triggered a 25% price hike just as struggling U.S. farmers are planting corn.
By Frank Morris
Read full article →Philippines farmers feeling the pinch of the war on Iran
Cabbage farmers in the Philippines are harvesting their crops at a loss as prices plunge and fuel costs soar.
Read full article →How the Iran War will increase costs in every sector of the economy
This war reaches US households' everyday life through fuel, freight, fertilizer, petrochemicals and global supply chains through factories that produce consumer goods
By Vidya Mani
Read full article →Larry Fink lays out 2 Iran war outcomes: cheaper oil and big growth, or a global recession
Larry Fink is the CEO of BlackRock. Bloomberg/Getty Images Larry Fink, CEO of BlackRock, says there are two "extreme" outcomes of the war in Iran. He said that if oil hits $150 a barrel, there will be a "stark and steep recession." But Fink said if Iran could be accepted by the international community, there would be growth. Larry Fink laid out two outcomes from the Iran war: abundance and growth, or a global recession. Speaking on the BBC's "Big Boss Interview" podcast on Wednesday, BlackR...
Read full article →BlackRock CEO Fink warns of 'global recession' if oil goes to $150, BBC reports
Read full article →BlackRock CEO Larry Fink warns oil could hit $150 amid Iran‑US war, causing 'global recession'
Larry Fink, BlackRock’s CEO, warns that Iran’s ongoing threats could push oil to $150 a barrel, risking a deep global recession. Even post-ceasefire, regional instability around the Strait of Hormuz may keep prices elevated for years. He stresses the regressive impact on consumers and urges accelerated investment in alternative energy to shield economies from prolonged energy shocks.
By TOI World Desk
Read full article →BlackRock CEO warns against global recession if oil hits $150
Read full article →Christodoulides to announce targeted economic relief package
President Nikos Christodoulides will announce a package of targeted economic measures on Thursday to help the public cope with the impact of the ongoing Iran war. Speaking after the March 25 national holiday parade in Nicosia, the President said the new support is possible because of the government’s “responsible fiscal policy.” “Tomorrow I will address […]
By newsroom
Read full article →Coverage Timeline
BlackRock CEO Fink warns of 'global recession' if oil goes to $150, BBC reports
Iran and US harden positions as Tehran keeps grip on Strait of Hormuz - AP News
Related Stories

Philippine Planning Secretary Balisacan Expresses Lukewarmness on Proposed Super-Rich Tax
just now

Philippines Considers Suspending or Reducing Fuel Excise Tax
just now

Philippines Considers Fuel Excise Tax Cut Amid Oil Crisis
just now
Fitch Warns Higher Oil Prices to Increase Cross-Sector Credit Pressure
6m ago