Middle East

World

US President Donald Trump could renew airstrikes against Iran, Axios reports

The US president said the ceasefire reached last month was “on life support” Published 12 May, 2026 00:55 | Updated…

Business & economy

The Middle East crisis is driving global oil and fuel price spike

Supply risks around the Strait of Hormuz are pushing crude higher, raising fuel costs and economic pressure worldwide Published 20…

Business & economy

Massive oil bet before US-Iran report fuels insider trading accusations – media

The alleged trade came shortly before reported progress toward US-Iran deal to end the war, raising suspicions of insider information…

Business & economy

State Department warns US diplomats against using insider information in Iran-related wagers

The scrutiny follows reports of suspiciously-timed bets and trades tied to Middle East tensions Published 7 May, 2026 19:34 |…

Business & economy

Iran war repair costs hit $58 billion as energy damage surges, Rystad says

US-Israel strikes and Tehran’s retaliation are pushing oil and gas facility damage costs toward $50 billion, Rystad Energy projects Published…

Business & economy

EU economy falling behind global rivals, Belgian central bank chief says

Soaring energy costs are squeezing the bloc’s industry and pushing it further behind global rivals, Pierre Wunsch has warned Published…

Business & economy

IMF raises Russia GDP forecast for 2026

The economy is forecast to expand 1.1% this year on higher energy prices due to Middle East disruptions Published 14…

Business & economy

Key oil producer quits OPEC

The UAE says its decision is driven by national interests, as Middle East tensions disrupt energy markets Published 28 Apr,…

Business & economy

World Bank warns Middle East war to drive 24% energy price surge

The world is facing the biggest global energy supply shock on record, which will drive inflation and dampen economic growth…

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