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Iran war reignites inflation pressures across Africa’s biggest economies in April

Iran war reignites inflation pressures across Africa’s biggest economies in April

Inflation pressures resurfaced across some of Africa’s biggest economies in April as the prolonged Iran conflict pushed global oil prices above $100 per barrel, driving up fuel, transport and food costs and threatening to reverse months of easing price pressures across the continent. For more than two months, escalating tensions involving the United States, Israel

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Rupee hits record low: What Govt, RBI may do next to defend INR vs dollar

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Rupee declines 30 paise to 95.94 against US dollar in early trade

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Dalal Street sees sharp selloff as rising oil and dollar rush hurt sentiment

Dalal Street sees sharp selloff as rising oil and dollar rush hurt sentiment

Synopsis The Indian rupee hit a record low for the second consecutive day, while key equity indices experienced their biggest single-day fall in six weeks. This decline was triggered by uncertainty surrounding US-Iran peace talks, which pushed oil prices higher, and Prime Minister Modi’s austerity call, eroding market confidence and prompting dollar buying. Agencies The

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Oil climbs as Netanyahu and Trump remarks stoke worries over rising Middle East tensions

Oil climbs as Netanyahu and Trump remarks stoke worries over rising Middle East tensions

The Liberia-flagged crude oil tanker Shenlong Suezmax successfully docked at Mumbai Port after navigating the high-risk Strait of Hormuz amid the intensifying West Asia conflict on March 11, 2026 in Mumbai, India. Hindustan Times | Getty Images Oil prices jumped Monday after Israeli Prime Minister Benjamin Netanyahu warned that the conflict with Iran was “not

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ASX slumps as oil prices rise; CSL plunges as it reveals further $6.9b in writedowns

ASX slumps as oil prices rise; CSL plunges as it reveals further $6.9b in writedowns

Staff writers Updated May 11, 2026 — 10:40am, first published May 11, 2026 — 5:24am The Australian sharemarket has fallen sharply at the open with the United States and Iran rejecting each other’s latest peace proposals to end the Middle East conflict as the two sides struggle to maintain a fragile ceasefire. The S&P/ASX 200

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Why are oil prices up today, and will Brent and US WTI crude futures rise sharply or fall again? Global oil market reacts to US-Iran tensions. Here’s analysts insights and market outlook

Why are oil prices up today, and will Brent and US WTI crude futures rise sharply or fall again? Global oil market reacts to US-Iran tensions. Here’s analysts insights and market outlook

Why are oil prices up today, and will Brent and US WTI crude futures rise sharply or fall again? This question returned to global markets after oil prices jumped following failed talks between the United States and Iran. Supply fears increased as the Strait of Hormuz remained restricted. Shipping risks, drone incidents, and nuclear tensions

Why are oil prices up today, and will Brent and US WTI crude futures rise sharply or fall again? Global oil market reacts to US-Iran tensions. Here’s analysts insights and market outlook Read More »