Oil price spike could mean government needs to raise taxes again, CPA warns | News
Today’s spike in oil prices could lead to interest rate rises and force the government to raise taxes…
Africa boasts the world’s four fastest‑growing container lanes
MSC Latest data from Container Trade Statistics (CTS) for cargo loaded during January sees one of the key…
Iraq’s Oil Output Plunges 70% as Gulf Shipping Crisis Deepens
Crude oil production from Iraq’s southern fields has dropped by 70% since the start of the U.S. and…
Surging oil prices raise inflation risks in African economies
NAIROBI, Kenya (AP) — Surging oil prices triggered by the war with Iran are rippling across African economies,…
Iran latest: Iranian missiles intercepted over Turkey and UAE as oil price passes $100 a barrel
Oil more than $100 a barrel and stock markets falling – a round-up of the marketspublished at 12:36…
Difficult to say now how Middle East conflict might affect Japan’s economy
Japan Prime Minister Sanae Takaichi said on Monday that it’s hard to say how the conflict in the Middle…
Australian markets suffer $90 billion wipeout as experts issue stark warning
About $90 billion has been wiped from the Australian sharemarket today due to surging oil prices and fears…
Low Oil Prices, Strong Ruble Squeezed Russia’s Budget in February
Low oil prices and a strong ruble are continuing to erode Russia’s key source of budget revenue, even…
Pakistan Petrol Price Today: Skyrocketing crude prices could push Pakistan’s monthly oil import bill to $600 million; Islamabad seeks IMF’s help
Pakistan could see its monthly oil import bill jump to $600 million as tensions in West Asia escalate,…
Oil bursts US$100 a barrel and shares slump – Market close
Overseas Across the Tasman, the S&P/ASX had fallen 3.2% to 8567.4 points at 5.30pm NZ time. The Japanese…
Weaponise EU market against China or face manufacturing collapse: official think tank
The European Union has been urged to weaponise its giant market to draw concessions from China, whose economic…
Oil this morning briefly spiked to only a whisker away from the $120 level
Markets Unexpected weak US payrolls on Friday brought a temporary interruption from the war-related, inflationary narrative. Contrary to…