Oil Crisis Impact
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Airlines Cancel Flights, Hike Ticket Prices As Jet Fuel Crisis Cripples Aviation
Iran has currently allowed only a trickle of ships to pass through the Strait of Hormuz, disrupting global oil shipments and causing major supply chain interruptions.
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Iran War Impacted Diesel Prices Much More Than Gasoline. Here's Why
The United States is the biggest exporter of petroleum products, including diesel. But with a fifth of the world's oil supply choked off at Hormuz, even the US could not make up for the shortfall.
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Trump Vindicated? Iran Crisis Turning US Crude Into World's Safe Bet
As Iranbacked forces block the Strait of Hormuz, refiners race to reroute US Gulf crude through the Panama Canal paying historic premiums just to pass through.
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Vance Heads For A Deal Do-Over, This Time With No One Across The Table
US Vice President JD Vance - the 'good cop' to President Donald Trump's 'bad cop' - faces a 24 hour deadline in Pakistan as the Iran war ceasefire lapses April 22 but talks remain uncertain after US ship seizure.
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IMF Warns Iran War Could Have "Severe" Human Impact Far Beyond Middle East
Countries in East Asia and Sub-Saharan Africa are among the countries most affected now -- and who could suffer the most -- outside the region, as the conflict stretches on.
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World Bank May Mobilise $100 Billion For Nations Hit By Middle East War: Ajay Banga
The World Bank president's remarks reflect a growing recognition of the impact the war has on the growth and inflation of developing countries.
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Explained: US Move To Choke Iran Oil Exports And Impact On World Supply
The US said on Monday that unauthorised vessels entering or leaving the blockade would face "interception, diversion, and capture".
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Strait Of Hormuz Closure Could Soon Be Felt On Dinner Tables Worldwide
Three staple crops corn, wheat and rice supply more than half of the world's dietary calories. The closure of the Strait of Hormuz has reduced the supply and increased the cost of all three.
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Pakistan Hikes Petrol Prices By 43%, Diesel Up By 55% Amid US-Iran War
The US-Israel war on Iran, launched on February 28, has plunged the Middle East into conflict, with Iranian retaliatory strikes hitting targets across the Gulf and virtually freezing shipping in the Strait of Hormuz.
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Countries Whose Ships Are Hit By Hormuz Crisis
Shipping companies from Greece, the UAE and China are most affected by the closure of the Strait of Hormuz, according to data from...
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Airlines Cancel Flights, Hike Ticket Prices As Jet Fuel Crisis Cripples Aviation
Iran has currently allowed only a trickle of ships to pass through the Strait of Hormuz, disrupting global oil shipments and causing major supply chain interruptions.
-
Iran War Impacted Diesel Prices Much More Than Gasoline. Here's Why
The United States is the biggest exporter of petroleum products, including diesel. But with a fifth of the world's oil supply choked off at Hormuz, even the US could not make up for the shortfall.
-
Trump Vindicated? Iran Crisis Turning US Crude Into World's Safe Bet
As Iranbacked forces block the Strait of Hormuz, refiners race to reroute US Gulf crude through the Panama Canal paying historic premiums just to pass through.
-
Vance Heads For A Deal Do-Over, This Time With No One Across The Table
US Vice President JD Vance - the 'good cop' to President Donald Trump's 'bad cop' - faces a 24 hour deadline in Pakistan as the Iran war ceasefire lapses April 22 but talks remain uncertain after US ship seizure.
-
IMF Warns Iran War Could Have "Severe" Human Impact Far Beyond Middle East
Countries in East Asia and Sub-Saharan Africa are among the countries most affected now -- and who could suffer the most -- outside the region, as the conflict stretches on.
-
World Bank May Mobilise $100 Billion For Nations Hit By Middle East War: Ajay Banga
The World Bank president's remarks reflect a growing recognition of the impact the war has on the growth and inflation of developing countries.
-
Explained: US Move To Choke Iran Oil Exports And Impact On World Supply
The US said on Monday that unauthorised vessels entering or leaving the blockade would face "interception, diversion, and capture".
-
Strait Of Hormuz Closure Could Soon Be Felt On Dinner Tables Worldwide
Three staple crops corn, wheat and rice supply more than half of the world's dietary calories. The closure of the Strait of Hormuz has reduced the supply and increased the cost of all three.
-
Pakistan Hikes Petrol Prices By 43%, Diesel Up By 55% Amid US-Iran War
The US-Israel war on Iran, launched on February 28, has plunged the Middle East into conflict, with Iranian retaliatory strikes hitting targets across the Gulf and virtually freezing shipping in the Strait of Hormuz.
-
Countries Whose Ships Are Hit By Hormuz Crisis
Shipping companies from Greece, the UAE and China are most affected by the closure of the Strait of Hormuz, according to data from...
