
Diesel Price Surge Threatens Global Economy Amid Middle East Conflict
Mar 11, 2026 00:56 am UTC| Economy
Rising diesel prices are sending shockwaves through the global economy as ongoing conflict in the Middle East tightens supplies of both the fuel itself and the crude oil used to produce it. Traders and analysts warn the...

U.S.-Israel War on Iran Sends Crude Oil Prices Surging Amid Strait of Hormuz Tensions
Mar 11, 2026 00:54 am UTC| Economy Politics
West Texas Intermediate crude oil prices climbed $2.90 per barrel, or 3.5%, to $86.33 in early Wednesday trading as Gulf oil supplies remained severely disrupted by the ongoing U.S.-Israeli military campaign against Iran....

U.S. Markets Slip Amid Iran Conflict Uncertainty as Oil Prices Retreat
Mar 11, 2026 00:35 am UTC| Economy
U.S. stocks closed marginally lower on Tuesday as investors continued to weigh the risks of an escalating conflict in Iran. Despite gains in communication services stocks, broader sentiment remained cautious. Oil prices,...

German Exports Drop 2.3% in January, Exceeding Forecast Decline
Mar 10, 2026 07:43 am UTC| Economy
Germanys export sector started 2024 on a weak note, with outbound shipments falling 2.3% in January compared to December, according to data released Tuesday by Destatis, the federal statistics office. The...

RBA Rate Decision: Deputy Governor Signals Genuine Debate Ahead of March Meeting
Mar 10, 2026 07:41 am UTC| Central Banks Economy
The Reserve Bank of Australia is heading into its March 17 board meeting with no clear consensus on interest rates, according to Deputy Governor Andrew Hauser. Speaking to The Conversation on Tuesday, Hauser acknowledged...

Dollar Stabilizes Amid Iran War Uncertainty as Oil Prices Remain Elevated
Mar 10, 2026 07:39 am UTC| Economy
The U.S. dollar regained its footing against major currencies on Tuesday after pulling back from recent highs, following President Donald Trumps statement that the Iran conflict could conclude very soon. Despite the...

Iran-U.S. Oil Tensions Escalate as Revolutionary Guards Threaten Strait of Hormuz Blockade
Mar 10, 2026 05:49 am UTC| Politics Economy
Tensions between Iran and the United States have reached a dangerous new level after Irans Islamic Revolutionary Guards Corps threatened to halt all oil shipments from the Middle East if American and Israeli military...