The world economy is facing its worst oil crisis in decades. The worst may yet be on the way.

The world economy is facing its worst oil crisis in decades. The worst may yet be on the way.

Rising oil prices continue to weigh on the world economy as a result of the war with Iran. Now, some analysts say it could be worst as the conflict continues. The concern is that apart from the effects of rising oil prices, the disruption of the war may come in waves – it will play … Read more

Fuel crisis: ‘Business as usual’, Luxon says – but other industries are struggling

A combination of oil barrels and money.

Photo: RNZ / Unsplash The government should start prioritizing diesel allocations now as the fuel situation worsens, Westpac’s chief economist has said. It comes as supply data from US investment bank JP Morgan reports that the last shipment of fuel from Gulf Oil is likely to arrive in New Zealand on 20 April. Prime Minister … Read more

Fuel crisis: ‘Business as usual’, Luxon says – but other industries are struggling

A combination of oil barrels and money.

Photo: RNZ / Unsplash The government should start prioritizing diesel allocations now as the fuel situation worsens, Westpac’s chief economist has said. It comes as supply data from US investment bank JP Morgan reports that the last shipment of fuel from Gulf Oil is likely to arrive in New Zealand on 20 April. Prime Minister … Read more

America has a labor crisis. The solution is already there – and it’s breaking | Good luck

America has a labor crisis. The solution is already there - and it's breaking | Good luck

In February, the US economy lost 92,000 jobs. Unemployment rose to 4.4%. Economists expected moderate growth. Instead, job losses were concentrated in construction, manufacturing, restaurants, administrative services and health care. But a serious crisis is not a bad month. It’s a structural change that’s been in the works for years. The workforce is shrinking – … Read more

The impact of the additional budget is uncertain during the Middle East crisis – Korea Times

The containers were loaded into the port of Pyeongtaek, Gyeonggi Province, on March 12. Yonhap

The containers were loaded into the port of Pyeongtaek, Gyeonggi Province, on March 12. Yonhap Rising energy prices and a series of downward revisions to Korea’s growth outlook are raising questions about whether the government’s proposed additional budget of 25 trillion ($16.5 billion) will prevent a recession from the Middle East crisis. Analysts said on … Read more

Mayor Mamdani’s budget crisis is causing chaos in the NYC bond market

Mayor Mamdani's budget crisis is causing chaos in the NYC bond market

New York City bonds have suddenly become a hot topic on Wall Street — and you can thank socialist mayor Zohran Mamdani for this surprising development. This past week, the Big Apple went to investors to sell billions of dollars in municipal bonds. When Mamdani made his best example of Fidel Castro, the city sold … Read more

Analysis: A new oil crisis is underway. The next few weeks of the war will be important for the economy.

Why the next few weeks of the Iran war are important for the US economy

Time is ticking for the US-Israel war in Iran. Opinions emerging from oil industry executives and analysts are that the economic and market fallout from the conflict could increase significantly if the Strait of Hormuz is not reopened within the next week to three. However, enough damage may have already been done to keep energy … Read more

Thailand Joins Vietnam, Indonesia and Others in Facing Tourism Crisis as Skyrocketing Oil Prices Threaten Southeast Asia’s Economic Stability and Tourism Rescue – Travel and Tourism World.

Thailand

Home » AIRLINE NEWS » Thailand Joins Vietnam, Indonesia and Others in Facing Unexpected Tourism Crisis as Skyrocketing Fuel Prices Threaten Southeast Asia’s Economic Stability and Tourism Recovery. Published on March 28, 2026 An image created by Ai Thailand, Vietnam and Indonesia-the three most popular destinations in Southeast Asia-are struggling with tourism crisis fueled by … Read more