The next test of the stock market: rising war costs

The next test of the stock market: rising war costs

Inflation fears are driving bonds now, financial fears are likely to follow High security costs, chargebacks and the potential impact of shortages Rising inflation and environmental risks pose future threats March 31 (Reuters) – Inflation risks have pushed Treasury yields higher since the US-Iran conflict fueled energy prices. Now another threat to the health of … Read more

‘Expect very high grocery prices,’ farmer warns as diesel costs rise

'Expect very high grocery prices,' farmer warns as diesel costs rise

Family farmer Darryn Shrosbree says the war is affecting the price of diesel and the nutrients used to make fertiliser. Farmers around the world are feeling the pain of the Iran war. Gas prices have risen and fertilizer supplies are dwindling due to Tehran’s closure of the Strait of Hormuz in retaliation for US and … Read more

Rising oil prices can increase food costs – but hoarding groceries “makes it worse,” an economist says.

The 26-year-old works in a bookstore and lives on $53,000 a year in New York City.

Rising oil prices tend to drive up grocery costs, but that doesn’t mean consumers should rush out and save money, economists say. Brent crude has soared above $100 a barrel in recent weeks – after trading near $60 in January – as Iran’s war worsens the Strait of Hormuz, which transports a fifth of the … Read more