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…
Asia-Pacific markets trade mixed as investors assess Trump’s hardened rhetoric on Iran war
A pedestrian walks past an electronic quotation board displaying the Nikkei 225 stock prices on the Tokyo Stock…
European stocks rise as Iran war deadline unsettles markets
BERLIN, GERMANY – MARCH 16: A truck and a bicyclist pass by a petrol station that shows gasoline…
U.S.-Iran war ‘tax’ begins to hit American businesses and consumers
In an aerial view, Pilot Travel Center gas and diesel prices are displayed near a highway on April…
South Korea proposes extra $17 billion budget to cushion energy costs fueled by Iran war
Workers install solar power infrastructure at a public parking lot within the National Assembly grounds in Yeouido, Seoul,…
China suppliers warn of higher U.S. prices due to Hormuz closure
Pickleball paddle producer Devi Wei has a message for U.S. shoppers. “Americans will have to pay more,” the…
European economic and consumer sentiment drops in March
Shoppers pass fruit and vegetable stalls in the Bauveau Market in Paris, France, on Wednesday, Feb. 15, 2023.…
Stoxx 600, FTSE, DAX, CAC, Iran news, oil prices
Traders work on the floor at the New York Stock Exchange (NYSE) in New York, US, on Monday,…
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…
Iran war-hit oil prices will soon rise if Hormuz stays shut
The clock is ticking on the U.S.-Israeli war in Iran. The emerging view from oil industry executives and analysts…
Retail firms warn of price hikes if Iran war extends for months
Shipping containers are stacked at the port of Los Angeles in Long Beach, California, U.S., March 10, 2026.…
The economy has Strait of Hormuz deadline for Trump: Two weeks
An Islamic Revolutionary Guard Corps (IRGC) speed boat sailing along the Persian Gulf near a cargo vessel. Nurphoto…