Tag: global economy
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Oil prices set for biggest weekly gain since July as US-Iran tensions escalate
Brent and WTI head for their strongest weekly performance since mid-July as renewed fighting raises concerns over Middle East oil supplies and Strait of...
Iran’s economic blockade is US economic terrorism, says Araghchi
Iranian Foreign Minister Abbas Araghchi accuses Washington of using economic pressure against Tehran to divert attention from its own financial challenges.
WEB DESK: Iranian Foreign...
Oil Prices Drop Despite US-Iran Tensions
Global oil prices fell more than $1 per barrel on Wednesday as demand concerns outweighed geopolitical tensions between the US, Israel and Iran.
What Happened
Brent...
Iran-US Conflict Makes Air Travel 35% More Expensive
The ongoing conflict between Iran and the United States has inflicted severe and potentially irreparable damage on the global aviation industry, with airfares increasing...
Oil Prices Fall Over 1% Despite US-Iran Conflict as Traders Focus on Supply Flows
Higher crude shipments and expectations of continued exports outweighed geopolitical concerns, although markets remain volatile amid Middle East tensions.
LONDON, United Kingdom — WEB DESK:...