Economics ❯ Global Economy

Energy Prices

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IEA Says Middle East Oil Shock Worse Than 1970s, Weighs More Emergency Oil Releases

Reopening the Strait of Hormuz is described as the fastest way to restore supply.

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BRICS Divisions Over Iran Expose Limits of Bloc as India Seeks Common Line

Canada and UK Align on Iranian Attacks, Ukraine Support, and Defense Financing

Putin Warns Oil Above $100 Without Russian Supply at Valdai Forum

Lufthansa to Cut 4,000 Jobs by 2030 in AI-Driven Overhaul

India’s Oil Minister Says No Sanctions on Russian Crude, Warns Against Supply Disruption

Oil Prices Fluctuate as Geopolitical Tensions and Production Outages Persist