A new phase targeting oil and gas infrastructure in the Persian Gulf threatens to hurt businesses and customers around the world for months or even years.
Category: Economic Conditions and Trends
-
As War Disrupts the Gulf, India’s Growth Story Faces New Risks
Generations of Indian workers and businesses have turned the Arab side of the Gulf into a vital appendage of their own country.
-
Central Banks Brace for Inflation as Energy Prices Surge
Traders now expect Europe’s central bankers to raise rates this year to address a sharp increase in inflation because of higher energy prices.
-
Central Banks Brace for Inflation as Energy Prices Surge
Traders now expect Europe’s central bankers to raise rates this year to address a sharp increase in inflation because of higher energy prices.
-
Gas Prices in Japan Hit Record High, Testing Leader’s Cost-of-Living Pledge
Japan is deploying subsidies to blunt fuel price increases but remains vulnerable to the long-term economic risks of the war in the Middle East.
-
Gas Prices in Japan Hit Record High, Testing Leader’s Cost-of-Living Pledge
Japan is deploying subsidies to blunt fuel price increases but remains vulnerable to the long-term economic risks of the war in the Middle East.
-
Surge in Oil Prices Shakes Pakistan’s Already Fragile Economy
Families preparing for Eid al-Fitr and farmers ready for harvest are being squeezed in a country that gets nearly all its oil through the Persian Gulf.
-
Surging Energy Costs Put German Industry ‘Really in Danger’
Four years after the Russian invasion of Ukraine sent energy prices soaring, the war in Iran is posing another challenge to efforts to revive European factories.
-
Fallout From Iran War and Oil Shock Deliver Another Blow to World Economy
Countries already walloped by a breakdown of the international trading order, war in Ukraine and chaotic U.S. policymaking are facing potentially lasting economic damage.
-
Countries Scramble to Shore Up Global Oil Supplies as Ships Are Attacked
The United States and Israel launched more strikes against Iran, where crowds mourned military commanders killed in the war. Israel also bombed targets in Lebanon, where the death toll climbed.