It’s not just Hormuz. Another war is providing fresh price shocks to fuel and food.
The Middle East conflict overshadows outages in Russia and a ‘massive impact’ on diesel supplies
Middle East — page 8
Place · 515 articlesCoverage, page 8
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Elon Musk's Boring Co. turns to Middle East for expansion in reaching $23 billion valuation
The Boring Co.'s latest $3 billion financing round was led by the United Arab Emirates.
Global bond sell-off resumes as surging oil prices stoke fears about inflation
Crude jumps above $107 a barrel amid concerns over Middle East conflict and out-of-control government borrowing Nervous investors across big economies have been dumping government bonds, driving up the cost of borrowing, as surging oil prices amplified fears about rising inflation. The cost of a barrel of oil jumped 6% to above $107 on Thursday amid concerns that advances by Houthi rebels along the Red Sea coast in Yemen could choke off Saudi crude exports. Continue reading...
The Guardian•Heather Stewart and Phillip Inman10 Sept
Oil, gas and borrowing costs surge as fears over Middle East escalate
The price of oil jumps to $105 a barrel amid signs the Iran war will not be resolved quickly.
BBC10 Sept
Oil, gas and borrowing costs surge as fears over Middle East escalate
The price of oil jumps to $105 a barrel amid signs the Iran war will not be resolved quickly.
BBC10 Sept
US diesel prices surge past $5 amid Middle East, Russia supply disruptions
Rising diesel prices may trigger broader economic impacts, potentially driving crude oil to new highs and affecting global market stability.
CryptoBriefing•Estefano Gomez10 Sept
🔴 Middle East live: Houthis close in on Bab el-Mandeb as Brent barrel price soars to over $106
US crude oil prices surge past $100 amid Middle East tensions
Rising oil prices could strain global economies, influence energy policies, and heighten market volatility amid geopolitical uncertainties.
CryptoBriefing•Estefano Gomez10 Sept
ECB hikes rates again as Middle East conflict keeps inflation stubbornly high
The ECB's rate hike amid geopolitical tensions highlights the complex balance between curbing inflation and sustaining economic growth.
CryptoBriefing•Editorial Team10 Sept
European Central Bank raises interest rates to 2.65% as Middle East conflict fuels inflation
The ECB's rate hike amid geopolitical tensions may slow economic growth, complicating efforts to stabilize inflation and support recovery.
CryptoBriefing•Editorial Team10 Sept
European Central Bank raises rates to 2.65%, flags inflation risks from Middle East tensions
The ECB's rate hike amid geopolitical tensions highlights persistent inflation challenges, impacting borrowing costs and market valuations.
CryptoBriefing•Editorial Team10 SeptSaudi oil output hits lowest since 1990 amid Middle East supply disruptions
The drop in Saudi oil production may lead to higher global oil prices, impacting economic stability and influencing geopolitical strategies.
CryptoBriefing•Estefano Gomez10 SeptBrent crude surpasses $102 amid Middle East tensions, HSBC raises forecast
Rising Brent prices amid geopolitical tensions could strain global economies, impacting inflation and energy policies worldwide.
CryptoBriefing•Estefano Gomez10 Sept
Houthi attack tests Saudi-led ‘Muslim NATO’ amid rising Middle East tensions
The Houthi attack highlights vulnerabilities in regional alliances, potentially escalating Middle East tensions and impacting global oil markets.
CryptoBriefing•Estefano Gomez10 Sept
India Calls for Bigger Biofuel Push as Oil Prices Soar
India needs to expand biofuel production and consumption to boost its energy security as crude oil prices soar amid the Middle East crisis, according to Tarun Kapoor, an adviser in India’s Prime Minister’s Office. “The future of biofuels is about maximizing value from every available resource,” Kapoor said at the India Sugar and Bio-Energy Conference. “From ethanol and compressed biogas to new applications in transport, industry and energy, we must expand the market and fully utilize the capacity we have created,”…
Oil Hits $100 a Barrel as Turmoil Intensifies in Middle East
The cost of crude has risen 40 percent since the start of the war in Iran, pushing up the price of gasoline, diesel and other refined fuels.
The New York Times•Aruni Soni10 SeptBrent crude tops $101 as Middle East conflict escalates
Rising Brent crude prices signal potential global economic instability due to increased geopolitical tensions affecting energy markets.
CryptoBriefing•Estefano Gomez10 Sept
Watch: How a community living under demolition orders from Israel view UK sanctions
Middle East Correspondent Lucy Williamson visits the Palestinian community of Khan al Ahmar, and the neighbouring Israeli settlement of Maale Admumim.
BBC9 SeptWall St slides as oil nears $100 amid Middle East tensions
Rising oil prices amid geopolitical tensions could lead to increased market volatility and influence global economic stability.
CryptoBriefing•Estefano Gomez9 SeptSouth Africa braces for record fuel prices amid Middle East tensions
Rising fuel costs in South Africa could strain economic stability, highlighting the global impact of geopolitical tensions on energy markets.
CryptoBriefing•Estefano Gomez9 Sept