Pain at the pumps warning for Irish drivers and home owners as expert delivers grim verdict
Kevin McPartlan, CEO Fuels for Ireland, delivered a chilling verdict that offered no real short-term hope for Irish…
Rubio to meet Pope Leo as Trump remarks continue; France preps aid for airlines amid fuel price hikes – The Irish Times
Main PointsKey Reads Órla Ryan – 6 minutes ago Maersk hikes shipping prices to offset Iran war costs…
Camping gear is a rare item going down in price as an inflation avalanche is about to hit Australia
The cost of camping gear might be about the only thing not going up in price this year.(Source:…
BOJ debated need for rate hike if energy shock persists, minutes show
By Leika Kihara TOKYO, May 7 (Reuters) – Many Bank of Japan board members saw the need to…
Global stocks surge on Iran peace hopes and AI euphoria
By Gregor Stuart Hunter and Harry Robertson SINGAPORE/LONDON, May 6 (Reuters) – Stocks leapt as oil prices dropped…
$125 Oil Could Tip Global Economy Into Recession
Elevated oil prices for a sustained period of time would tip the global economy into a recession, Moody’s…
Pakistan faces economic strain; oil surge drives inflation toward 11%
. Pakistan’s struggling economy is likely to remain under sustained pressure, with double-digit inflation expected to persist if…
Trump to be briefed on new wave of ‘short, powerful’ strikes on Iran – The Irish Times
Main PointsBest ReadsHegseth denies Iran war is a “quagmire” as costs to US hit $25bnFinn McRedmond: Trump likes…
UK Faces Recession Risk as Iran War Threatens Growth and Inflation
The UK risks finding itself on the brink of recession as a result of the Iran war, a…
Trump ‘rejects’ Iran’s Strait of Hormuz proposal; Irish fuel support plan to be revealed – The Irish Times
Main PointsUS president Donald Trump is unhappy with the latest proposal from IranIran says it needs “credible guarantees” against more…
Goldman Lifts Brent Forecast as Hormuz Closure Drains Global Oil Inventories
Oil prices extended their rally on Monday as stalled US-Iran peace talks raised fears of prolonged disruption to…
Iran provides plan to reopen Strait of Hormuz – The Irish Times
Main Points Oil prices rose this morning as peace talks between the US and Iran stalled while shipping…