Economy
IMF Cuts Global Growth Forecast Over Iran War — And Warns the Damage Could Get Much Worse
The International Monetary Fund has delivered the most authoritative economic verdict yet on what the Iran war is doing to the global economy —...
US Naval Blockade of Iran Is Now Live — What It Does to Oil Prices and Your Cost of Living
The ceasefire gave the world a five-day window of relief. Oil fell 16 percent. Stock markets surged. Consumers dared to hope that petrol prices...
Why the Iran Ceasefire Won’t Fix the Global Economy Any Time Soon
The relief is real. Oil fell more than 16 percent in a single trading session after the ceasefire was...
How the Hormuz Closure Is Becoming the Worst Oil Crisis Since the 1970s
The International Energy Agency has used language that rarely appears in official economic commentary. Its head described the situation...
Global Energy System Faces Breaking Point as War Disrupts Oil Flow
The global energy system is entering a phase where stability can no longer be assumed. What began as a...
Biggest Energy Shock in History? Middle East War Triggers Global Alarm
The global energy system is entering what could become the most severe disruption in modern history.According to the International...
Rising Oil Prices From War Put Pressure on US Economy and Policy
The impact of the Middle East conflict is no longer distant for the United States. It is being felt...
Oil Is Surging — And It Signals a Much Bigger Crisis
The Middle East conflict has reached a point where its impact is no longer regional. It is now global...