
Oil Prices Rise as U.S.-Iran Tensions and Strait of Hormuz Disruptions Persist
Apr 23, 2026 03:10 am UTC| Economy
Oil prices climbed during Asian trading on Thursday, supported by ongoing geopolitical tensions between the United States and Iran and continued disruptions in the Strait of Hormuz. The lack of progress in diplomatic...

Gold Prices Edge Higher Amid Middle East Tensions and Ceasefire Uncertainty
Apr 23, 2026 03:08 am UTC| Economy
Gold prices inched higher on Wednesday as investors balanced geopolitical developments in the Middle East with shifting market sentiment and a slightly stronger U.S. dollar. Spot gold rose 0.4% to $4,740.15 per ounce,...

New Zealand Labour Backs India Free Trade Deal, Boosting Chances of Parliamentary Approval
Apr 23, 2026 02:52 am UTC| Politics Economy
New Zealands opposition Labour Party has announced it will support the proposed free trade agreement (FTA) with India, significantly increasing the likelihood of the deal passing through parliament. The decision comes...

Iran Tightens Grip on Strait of Hormuz as Oil Prices Surge
Apr 23, 2026 02:42 am UTC| Politics Economy
Tensions in the Middle East escalated after Iran seized two vessels in the Strait of Hormuz, a critical global shipping route, intensifying the ongoing U.S.-Iran conflict and disrupting international oil supply chains. The...

Global Energy Crisis: Iran Conflict Triggers Record Oil Supply Shock
Apr 22, 2026 05:59 am UTC| Economy
The ongoing U.S.-Israeli conflict with Iran has triggered an unprecedented global energy crisis, marked by the largest daily oil supply disruption in history. The closure of the Strait of Hormuz has significantly reduced...

U.S. Freezes Dollar Transfers to Iraq, Pressures Government Over Iran-Backed Militias
Apr 22, 2026 05:34 am UTC| Politics Governance Economy
The United States has reportedly halted U.S. dollar shipments to Iraq and paused key security cooperation programs as part of a broader effort to pressure Baghdad into addressing the influence of Iran-backed militias...

Asian Stocks Mixed as Tech Shares Decline While Japan’s Nikkei Hits Record High
Apr 22, 2026 05:26 am UTC| Economy
Asian stock markets showed mixed performance on Wednesday as technology stocks weakened, reflecting overnight losses on Wall Street, while Japans benchmark Nikkei 225 reached a new record high. Investors remained cautious...