Smoke rises from the site of an Israeli airstrike on the southern suburbs of Beirut on March 3, 2026. Photo: AFP KiwiSaver funds with exposure to oil and defence stocks might benefit from conflict in the Middle East in the short term, but providers are divided on whether to invest in them. Oil prices have […]
War can be good for your KiwiSaver, but are you OK with that? Read More »
Malaysia’s ability to maintain the price of subsidised RON95 petrol at RM1.99 per litre might be tested soon as the global oil market continues to react to the latest crisis in the Middle East. Experts warn that continuous aggression by Israel and the US against Iran, and Tehran’s retaliatory attacks, would further drive up crude
Middle East war will test M’sia’s capability to maintain RON95 subsidy Read More »
Nomura’s European rates team notes that higher Oil prices and stronger UK data have turned the Bank of England’s March decision into a close call. They still forecast a 25 bps cut in March and another in June, but stress that incoming data and the evolution of Middle East risks and energy prices will be
GBP: March BoE cut now finely balanced – Nomura Read More »
Oil prices rose for a third day on Tuesday as the widening US-Israeli conflict with Iran and threats to shipping through the Strait of Hormuz heightened fears of supply disruptions from the key Middle East producing region. Brent crude futures were at $79.44 a barrel, up $1.70, or 2.2 per cent, by 04:00 GMT. On
Oil rises as expanding US-Israeli conflict with Iran elevates supply risks Read More »
By RICHARD MARSDEN, GENERAL REPORTER Published: 00:38 GMT, 2 March 2026 | Updated: 00:38 GMT, 2 March 2026 Markets are braced for a surge in oil prices today after Iranian reprisals forced the near-closure of a vital shipping route. Motorists in the UK were warned of potential ‘record prices at the pumps’ while economists predicted
Global oil prices have surged and stock futures have plunged following US-Israel military strikes on Iran that killed Supreme Leader Ayatollah Ali Khamenei, sparking retaliatory attacks 00:14, 02 Mar 2026 Updated 00:32, 02 Mar 2026 Global oil prices have already climbed following strikes across the Middle East after the US and Israel launched attacks on
Oil prices surge as stock markets tumble after Middle East attacks disrupt energy supply Read More »
CBN Flags Election Spending, Oil Shocks as Inflation Risks The Central Bank of Nigeria (CBN) has warned that rising election-related spending and potential oil price shocks could pose upside risks to Nigeria’s inflation outlook, even as headline inflation continues its downward trajectory. Governor Olayemi Cardoso issued the caution during a question-and-answer session with journalists following
CBN Flags Election Spending, Oil Shocks as Inflation Risks Read More »
By Prince Adeyemi Shonibare A PRESIDENT FOR HARD TIMES Muhammadu Buhari governed Nigeria during one of the most difficult periods in its post-independence history — marked by economic recession, collapsing oil prices, rising insecurity, institutional decay, and a global pandemic. He inherited a nation under severe strain. Yet, through discipline, restraint, moral clarity, and firm
By Irina Slav – Feb 16, 2026, 7:00 PM CST The current sense of security in the oil market is false, as geopolitical risks from potential U.S.-Iranian escalation, which recently pushed Brent crude past $67, can still cause significant price shocks despite the rise of U.S. shale. While a disruption at the Strait of Hormuz
Oil Bears Are Dangerously Underestimating Geopolitical Risk Read More »
HAVANA, Cuba — Drivers in Cuba are facing the prospects of waiting several months to refuel their cars, as fuel shortages caused by a U.S. oil siege intensify. To avoid chaos outside gas stations, Cuba’s government last week made it obligatory for drivers to use an app known as Ticket to get refueling appointments. But
Cuban drivers face monthslong wait for gasoline in an app designed to reduce lines Read More »
