Global recession inevitable if Strait of Hormuz stays shut
Ken Griffin, chief executive officer of Citadel Advisors LLC, at the Semafor World Economy Summit during the International…
A Structural Shift in Capital Allocation in the Energy Sector is Underway Due to the Iran Conflict
The 2026 Iran conflict, which escalated in late February with U.S.-Israeli strikes and Iranian retaliation—including the effective closure…
Africa’s top oil producer output rises to 1.38m bpd but misses OPEC quota again
OPEC’s latest monthly report showed Nigeria produced 1.38 million barrels per day (bpd) in March, up from 1.31…
Israel’s economy flooded with dollars, raising fears for exports, jobs and growth
Israel’s economy is being flooded with dollars, driving a sharp strengthening of the shekel and raising concerns about…
Oil demand to plunge as Mideast uncertainty persists: IEA
Demand for crude oil will likely decline this year for the first time since the Covid pandemic slammed…
IMF, World Bank, urge countries to stop hoarding fuel
The International Monetary Fund, World Bank and International Energy Agency have urged countries to avoid hoarding energy supplies…
Oil Market Report – April 2026 – Analysis
The announcement last week of a two-week ceasefire in the conflict in the Middle East provided some welcome…
HSBC says Iran war is hitting confidence as businesses warn over economic risks | HSBC
HSBC bosses have said the Iran war is already hitting global economic confidence, as a string of business…
The renewable energy shift is accelerating. And it is reshaping global markets – Fast Company Middle East
As global energy markets face prolonged disruption, renewable energy is increasingly seen as a safeguard against volatility, according…
The real cause of inflation isn’t oil prices, says Johns Hopkins economist
Following the Commerce Department’s release on the morning of April 10 showing that March consumer prices rose at…
Commonwealth Bank warning after China cuts off critical chemical export: ‘Already tight’
China’s latest move amid the Iran conflict could be another blow to farmers and food prices. (Source: Getty/Yahoo…
Kenya risks losing over $480 million yearly in remittances as Middle East war hits economy
An update report released by the Institute of Economic Affairs and reported by Eastleigh Voice warned that remittances…