Cooling economy and Iran backdown to keep RBA at bay
A double-sized dose of relief. That’s what the Reserve Bank board members will be feeling today when they…
Why Oil’s Not at $200 After the Biggest Supply Shock in History
By Devika Krishna Kumar, Alex Longley, Yongchang Chin and Mia Gindis (Bloomberg) — For decades, oil traders, executives and…
Why wind and solar power is going to ‘waste’ in China in the global energy crisis
The “wasted” wind and solar energy stems from inflexible grid management that continues to rely on coal for…
Britain’s Borrowing Outlook Darkens as Energy Shock Deepens
Chancellor Rachel Reeves has been warned that government borrowing is set to spike as a result of the…
Resilient Saudi economy proves a draw for wartime Gulf business
By Timour Azhari, Federico Maccioni and Yousef Saba RIYADH, June 3 (Reuters) – When food-tech entrepreneur Sara Amini…
OECD warns of global slowdown as Iran war stymies growth prospects
The Organisation for Economic Cooperation and Development has slashed its global growth outlook, warning that the economic damage…
Nearly 2 million barrels of Iraqi crude oil arrive at Vietnam port after passing through Strait of Hormuz
A crude oil tanker carrying Iraqi crude oil arrives in Vietnam.…
Businesses face huge spike in shipping costs as Hormuz fuel crisis deepens
Businesses around the world are confronting a painful – and potentially long-lasting – rise in costs amid the…
India-Oman trade pact: Govt builds ‘Plan B’ amid Hormuz crisis – why deal is key for energy future
Middle East chaos has kept the crucial Strait of Hormuz squeezed for over three months now, disrupting one…
Going down by the day – Oil falls big at the weekend on hopes for a US-Iran ceasefire agreement
SOUTH-EAST ASIA (Reuters): Oil futures fell more than 2% on Friday night, closing out their steepest weekly decline…
AI is moving fast. Official Ireland is not – The Irish Times
Welcome back to the late 1990s. The Celtic Tiger is in full swing. You connect to the internet…
Hormuz Disruptions Threatening Global Economic Stability
The heads of four of the world’s top economic and energy institutions issued a rare joint warning Friday,…