In 2013, Shell closed its Clyde refinery on the Paramatta River, and a year later, Caltex closed Kurnell in Botany Bay. That was the time when Australia went from being self-sufficient in petrol and diesel to relying on imports. The oil shocks of the 1970s were forgotten. We endured a decade of recession like everybody … Read more
The price of Brent crude oil is on track for its biggest monthly gain recorded in March after the Iran conflict sent markets into turmoil. Brent crude, the international benchmark, has risen 51% since the start of March, LSEG data show, hitting a monthly record of 46% in September 1990 after Saddam Hussein invaded Kuwait, … Read more
US job growth was flat last year, but signs of stabilization, if not a rebound, were beginning to emerge. Now, a war thousands of kilometers away not only hinders potential development, but also threatens to further disrupt the labor market. It has been four weeks since the US and Israel began attacking Iran. The economic … Read more
President Donald Trump’s war against Iran is clashing with US bond investors, who have shown little appetite for Treasury securities as they hope the war will end soon. This past week, auctions of two-, five- and seven-year Treasury notes all attracted weak demand, forcing yields higher than expected. That’s a big difference from last month, … Read more
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
The war in Iran has continued for almost four weeks without a clear end and with the price of oil above $100 a barrel, many Americans feel the impact when they fill up their car or get their heating bill. This week, Larry Fink, Chairman and CEO of BlackRock, shared his views on the Iran … Read more
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
As the war in Iran rages, interest rates are rising. The housing market got a boost earlier this year when the 30-year mortgage fell below 6% for the first time in years. But about a month later, the popular product stood at 6.38%. At the end of March there was a big one-week movement from … Read more
Emerging market debt prices hit record highs ahead of Iran’s war-torn country Angola’s external debt has decreased since the war Strong secondary market demand for high-quality Gulf credit Private deals can be attractive if uncertainty persists LONDON, March 27 (Reuters) – A record start to the year for sales of emerging debt has largely stalled … Read more
It has been published Friday, Mar 27, 2026 ยท 07:27 PM [HONG KONG] Anmol Goel, head of the family’s London office, said his firm plans to open a shop in the United Arab Emirates this year to connect with the money managers who have flocked to the Gulf. Then the battle began. “We were setting … Read more