A sharp escalation in the US–Israel war on Iran has triggered a major shock across global energy and travel markets. In March 2026, crude oil prices surged 64% following the closure of the Strait of Hormuz—disrupting up to a quarter of…
Category: 6. Business
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Reeves gives more energy bill support to businesses as Iran war pushes up costs | Business
Rachel Reeves has announced an expansion of support for the most energy-intensive UK businesses, as they face soaring bills as a result of the Middle East conflict.
The chancellor said the long-promised British Industrial Competitiveness Scheme…
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S&P 500 closes at fresh record, recovering all losses since start of US-Iran war
The S&P 500 closed at a new record high on Wednesday, its first since the US-Iran conflict began, as hopes of a de-escalation in the war and robust earnings expectations drew investors back into risk assets.The S&P settled at 7,022.95, up 0.8%,…
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Norway’s $2tn sovereign wealth fund has ‘no plans’ to reduce US assets – Financial Times
- Norway’s $2tn sovereign wealth fund has ‘no plans’ to reduce US assets Financial Times
- Norway will keep $1 trillion in US stocks, finance minister says Semafor
- Norway’s Wealth Fund Maintains US Investments Amid Global Tensio GuruFocus
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Jet fuel supplies are sharply affected by the near-closure of the Strait of Hormuz : NPR
The reduction in ship traffic through the Strait of Hormuz has had an outsize impact on global jet fuel supplies. Prices have doubled.
MARY LOUISE KELLY, HOST:
The war in Iran has caused the…
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Update on Hormuz Vessel Traffic – stonex.com
- Update on Hormuz Vessel Traffic stonex.com
- Only 50/50 odds that the Strait of Hormuz normalizes by July according to prediction markets Seeking Alpha
- How Many Ships Crossed the Strait of Hormuz Amid Blockade Caspian Post
- Readers Speak:…
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Producer Prices Are Climbing—Here's What Rising Business Costs Mean For Small Business Owners – Forbes
- Producer Prices Are Climbing—Here’s What Rising Business Costs Mean For Small Business Owners Forbes
- Producer-Price Index Climbed in March WSJ
- Wholesale inflation rose in March to three year-high CNN
- U.S. wholesale prices surged 4% last month…
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IMF chief says 12 or more countries seeking loans to cope with Middle East war energy shock – Reuters
- IMF chief says 12 or more countries seeking loans to cope with Middle East war energy shock Reuters
- ‘UK economy takes triple hit’ and ‘Cheers, Timmy!’ BBC
- Iran war escalation could trigger global recession, IMF warns The Guardian
- Joint Statement…
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White House has no position on potential United-American merger By Investing.com – Investing.com UK
- White House has no position on potential United-American merger By Investing.com Investing.com UK
- United buying American would be unlike anything ever seen before CNN
- White House Declines to Discuss Possible United-American Merger Bloomberg.com
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Dollar falls below NIS 3 for first time in over 30 years, inflation declines
The dollar fell below NIS 3 for the first time in over 30 years on Wednesday, continuing to falter on optimism around a ceasefire and a possible resolution of the Iran crisis, prompting concern from Israeli exporters.The dollar-shekel exchange…
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