India Petrol Diesel Exports: Amid the US-Iran war, India’s diesel exports see a huge jump of 20%; Petrol prices fall by 33% – The Times of India

Amid the US-Iran war, India's diesel sales see a massive 20% jump; petrol price drops by 33%

India’s crude inventories fell sharply in March, falling 33% to 8.31 million barrels. (AI image) Impact of US-Iran war: Indian diesel prices rose 20% in March amid the ongoing Middle East conflict. A widening gap between crude oil prices and refined diesel prices led India to raise diesel imports by nearly 20% month-on-month in March, … Read more

China’s factories are experiencing the fastest growth in a year as the risks of war are increasing

Line chart titled 'China factory work'

Item 1 of 2 A worker works on the Nio electric vehicle production line at the JAC-NIO production plant in Hefei, Anhui province, China August 28, 2022. China Daily via REUTERS/File Photo [1/2]A worker works on the Nio electric vehicle production line at the JAC-NIO production plant in Hefei, Anhui province, China August 28, 2022. … Read more

Global bonds are reeling from heavy monthly losses as the war economy grows

Bond markets are under pressure as the war in the Middle East raises inflation concerns

Prolonged conflicts change the market’s focus to bearish growth Central banks walk a tightrope; UK long-term interest rates are expected to rise by around 100 bps in March Germany is up 69bps, US is up 50bps SINGAPORE/LONDON/NEW YORK, March 30 (Reuters) – Global government bonds are headed for their biggest monthly decline in years as … Read more

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

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

Pessimism begins in Europe as the Iran war hits the economy and consumer confidence

The conflict in Iran enters its fifth week as the Houthis attack new territory

Shoppers walk past fruit and vegetable stalls at the Bauveau Market in Paris, France, on Wednesday, February 15, 2023. Bloomberg | Bloomberg | Getty Images Economic and consumer confidence fell in Europe in March, according to official data released on Monday, in the latest evidence that the war in Iran is weighing on growth and … Read more

The uncertainty of the Iran war is disrupting business in the world’s largest markets

The uncertainty of the Iran war is disrupting business in the world's largest markets

Market makers are reluctant to take risks as the Middle East war rages Liquidity crunch increases market volatility, wild price swings Increasingly, merchants are struggling to find willing customers LONDON/NEW YORK/SINGAPORE, March 30 (Reuters) – The Iran war has sent jitters across financial markets, leaving some investors and market makers reluctant to take risks, making … Read more

Forget Fees: The Iran War Is The Biggest Threat To Your Portfolio Right Now

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Since President Donald Trump declared “Independence Day” last April, investors have been concerned about his tariff plans – they believe that higher tariffs will fuel inflation, disrupt supply chains, and lower corporate profits. These concerns are understandable. Tariffs raise the cost of importing raw materials, which invites retaliation from trading partners — a risk to … Read more

Warning food prices are set to rise in the UK due to the Iran war

Urea is more than twice as expensive

This year, the most important commodity in agriculture is not sunshine or rain, it is fertilizer. According to some estimates, nearly half of the world’s crop and livestock production depends on the incredible mix of minerals and chemicals that make up artificial fertilizers. But the Iran the war raises prices and suppresses the availability of … Read more

Stocks slide in Asia, Brent crude heads for monthly gains

Stocks slide in Asia, Brent crude heads for monthly gains

Nikkei futures slide, S&P futures widen in fall Brent rose 60% in March, the largest monthly increase Gulf peace talks are uncertain as the US builds up troops SYDNEY, March 30 (Reuters) – Stock markets tumbled in Asia on Monday as investors watched for a prolonged Gulf conflict that has already pushed oil prices to … Read more

From oil to food to markets: How the month of war in Iran has revived the world economy

From oil to food to markets: How the month of war in Iran has revived the world economy

It’s not easy being a global economy right now. One month into the US and Israel’s war against Iran, fears are raising concerns about everything from supply chains to airline travel. While the price of a barrel of oil remains north of $100, from $70 before the war, the price of gas in the US … Read more