Category: 6. Business

HONG KONG — The fallout from the U.S.-Israeli war with Iran and the effective closure of the Strait of Hormuz is being felt sharply in Asia, with authorities from New Delhi to Manila implementing emergency measures to shield consumers from…

Oil poised for further gains as Middle East conflict threatens export facilities

By Florence Tan and Shariq Khan

Escalating Middle East Conflict and Its Impact on Oil Markets

SINGAPORE/NEW YORK, March 15 (Reuters) – Oil prices could extend gains…

The disruption of oil tanker traffic through the Strait of Hormuz has caused a mad scramble for oil. There’s two stylized facts to this oil shock. First, according to the Wall Street Journal, Iran’s oil exports have risen since the start of…

Laura Kuenssberg
Presenter, Sunday with Laura Kuenssberg

Image source, PA Media

How big is the blowback from the Iran conflict likely…

Washington, DC
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As the war with Iran continues, oil prices are soaring and airlines will see higher fuel costs – which could hit travelers around the world in their wallets.
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Your flight has been delayed as a result of the Middle East crisis and you want to find out what’s happening, so you go online for an answer. You find a social media account run by the airline you are booked with and post a question, and get a…

The day after Lord Rothermere was gazumped in his pursuit of the Telegraph by Axel Springer’s £575m knockout offer, the Daily Mail owner was pictured beaming at Rupert Murdoch’s 95th birthday party in New York.

As guests at the star-studded…

Investing.com — Global luxury giants are bracing for a localized sales slump following the escalation of conflict in the Middle East, though analysts suggest the primary damage to valuations may already be accounted for.

According to a…