European drivers face paying an extra €220 (£190) a year at the pumps because of the surge in oil prices caused by the war in Iran, analysts have warned. In the UK, a separate estimate puts the cost at an extra £140.
A sustained oil price of…
Category: 6. Business
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ECS Adjustment – ECSA to Middle East Red Sea
In accordance to the implementation announcement of Emergency Contingency Surcharges (ECS), we would like to inform you of changes to the ECS levels effective effective as from 15th of March until further notice.
You can see the…
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Iran war threatens India’s ‘Goldilocks’ economy – Financial Times
- Iran war threatens India’s ‘Goldilocks’ economy Financial Times
- Policy missteps: On the government’s handling of India’s fuel crisis The Hindu
- From oilfield to kitchen flame: India’s crude oil and gas supply chain explained The Times…
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Brent crude oil tops $100 a barrel as Iran attacks on shipping worsen supply concerns – Coast Reporter
- Brent crude oil tops $100 a barrel as Iran attacks on shipping worsen supply concerns Coast Reporter
- Oil jumps above $100 again with tankers on fire and new strikes across the Gulf CNN
- Asia scrambles to confront energy crisis unleashed by Iran…
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Asia rolls out 4-day weeks, work-from-home to solve fuel crisis caused by Iran war
Closed schools. Work-from-home demands. Price caps.
Asia’s governments are scrambling to manage a fuel shortage caused by high oil prices and a closed Strait of Hormuz. Asia is particularly dependent on oil exports from the Middle East; Japan…
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Gas prices surge across Philadelphia area as drivers feel sticker shock
MEDIA, Pa. (WPVI) — Drivers in Delaware County are feeling the impact of rapidly rising gas prices, with some watching the total climb toward levels they have not seen in years.
As customers pulled up to the pumps, many paused to stare at the…
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Asia Stocks to Fall, Oil Rises as Iran War Extends: Markets Wrap
(Bloomberg) — Asian stocks were set to open lower on Thursday, extending a volatile week, as rising oil prices and mounting…
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Asian Stocks to Fall, Oil Climbs With War in Focus: Markets Wrap
(Bloomberg) — Asian stocks looked set to open lower on Thursday, extending a week of volatile trading after a coordinated…
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Stock market today: Live updates
Traders work on the floor of the New York Stock Exchange.
NYSE
Stock futures slipped Wednesday night after the Dow Jones Industrial Average posted a second day of losses and rising oil prices kept traders on edge.
Dow futures fell 294 points, or…
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How the Iran War Could Jack Up Prices on Store Shelves
On a typical day, the Strait of Hormuz off the Persian Gulf is one of the busiest shipping choke points on Planet Earth. Some hundred vessels pass through the waterway, located between Iran, Oman, and the United Arab Emirates. Half are oil…
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