Iran oil shock stirs memories of 1997 Asian Financial Crisis — but here’s why history may not repeat itself
A month into the worst oil supply disruption since the 1970s Arab embargo, the economic pain spreading across…
‘All roads lead to higher prices and slower growth,’ warns IMF chief
Kristalina Georgieva, managing director of the International Monetary Fund (IMF), in Davos, Switzerland, on Monday, Jan. 19, 2026.…
South Korea proposes over $17 billion in additional budget to ease energy costs as Iran war rages on
Workers install solar power infrastructure at a public parking lot within the National Assembly grounds in Yeouido, Seoul,…
Rising oil prices could lift food costs—but hoarding makes it worse
Rising oil prices tend to push up the cost of groceries, but that doesn’t mean shoppers need to…
Stagflation alarm bells in the euro zone amid ‘critical’ energy crunch
Workers of German steel manufacturer Salzgitter AG stand in front of a furnace at a plant in Salzgitter,…
How to weather the global energy crisis: IEA
FILE PHOTO: Crude oil storage tanks are seen from above at the Cushing oil hub, appearing to run…
ECB, BOE, Swiss National Bank, Riksbank interest rate decisions
A projection of a Euro currency sign is pictured on the facade of the European Central Bank (ECB)…
Iran war, oil price surge worsen K-shaped economy, say economists
A sign displays the prices of unleaded gasoline at a Chevron gas station in Palo Alto, California, US,…
Iran war fuels fears of European energy inflation shock
The energy price shock that followed Russia’s invasion of Ukraine four years ago is fresh in the minds…
BP Kicks Off Pension Risk-Transfer in £1.6 Billion Deal With L&G
BP Plc has transferred a portion of its UK pension pot to an insurer, the latest move by…