Strait of Hormuz

Should you book a vacation flight now considering the rising cost of jet fuel?

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What could oil above $100 mean for food prices in Europe?

Travelers planning summer vacations face a tough decision as global oil supply disruptions, caused by conflicts in the Middle East, have pushed up jet fuel prices leading to higher airfares being passed on to passengers. ADVERTISING ADVERTISING According to the latest analysis of the International Transport Organization, the price of world jet fuel stood at … Read more

Gas stations tried to ‘shape’ the market – now it’s shaping them

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An illustration of complex lines of charts superimposed on large blue drops on a fading gradient and white background.

Australian petrol prices tend to follow predictable cycles, but they have all gone out the window in recent weeks. In the early days of the Middle East conflict, petrol stations across Brisbane, Sydney and Melbourne raised prices faster than the rise in global oil prices, in what several leading experts said was an attempt to … Read more

Insiders profit as pressure levels increase in the global economy

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A man is holding a can of petrol next to his car.

The winners are thin on the ground now. In a case of bad timing, US President Donald Trump last week planned Easter Monday as the day he would “raise hell” if Iran’s leaders reject his latest peace plan. Iran war updates: For the latest on the Middle East conflict, read our blog. It was after … Read more

Economists Warn Iran War Increases Risk of Recession in Next 12 Months

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One hundred dollar bill shaped like a US map and economic data

Source: Anton Petrus/Getty The Iran war is already having a significant impact on the wallets of US citizens. Gas prices have risen over the past month, with no signs of slowing down anytime soon. As the war in Iran continues to disrupt oil supplies and shipping lanes, several economists have warned that prolonged conflict in … Read more

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

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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

The biggest stock market correction Trump won’t talk about is legal

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The biggest stock market correction Trump won't talk about is legal

Throughout his presidency, Donald galaotega ga lonaka kidnapped and extradited the leader of Venezuela, threatened to annex Greenland, mesed by expelling the chair of the Federal Reserve, and waged an economic war on his closest allies, all while (more or less) keeping the stock market from bearish territory. The Iran War still looks like the … Read more