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BlackRock boss flags ‘stark’ global recession risk if oil surges to US$150

BlackRock boss flags ‘stark’ global recession risk if oil surges to US$150

BlackRock CEO Larry Fink warned that sustained oil prices near US$150 per barrel could trigger a global recession. — Reuters file pic (New users only) Unlock 5.5%* + 10%* p.a. promo rate for 3 months via Versa and enjoy FREE RM10 & when you sign up using code VERSAMM10 with min. cash of RM100 today! […]

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Marcos brushes aside 'discussion' on gov't takeover of PH oil industry

Marcos brushes aside 'discussion' on gov't takeover of PH oil industry

Published March 25, 2026 4:36pm Add GMA on Google Make this your preferred source to get more updates from this publisher on Google. “We don’t want to get into that discussion.” This was the response of President Ferdinand “Bongbong” Marcos Jr. on Wednesday when asked if the government would temporarily take over the oil industry

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Global oil price drop sparks fresh calls for Dangote Refinery petrol cost reduction

Global oil price drop sparks fresh calls for Dangote Refinery petrol cost reduction

The recent drop in global crude oil prices on Tuesday has triggered fresh calls for the Dangote Refinery to reduce its petrol price, currently pegged at N1,245 per liter. Crude prices fell below the $100 per barrel mark following reports that United States President Donald Trump sent a 15-point peace proposal to Iran aimed at

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Middle East conflict live updates: Oil prices drop more than 5% after Trump sends peace plan to Iran

Middle East conflict live updates: Oil prices drop more than 5% after Trump sends peace plan to Iran

Live Home / World NZ Herald 25 Mar, 2026 02:49 AM Quick Read Bernard Hickey joins The Front Page to break down the Government’s announcement of relief amid the ongoing fuel crisis. Sign up to The Daily H , a free newsletter curated by our editors and delivered straight to your inbox every weekday. https://www.nzherald.co.nz/world/middle-east-conflict-live-updates-trump-declares-he-will-run-strait-of-hormuz-with-iran/F3F6KSNUKBH6VBFVGPMEO5XYJY/

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Africa will pay price for dependence on imported fuel — Dangote warns

Africa will pay price for dependence on imported fuel — Dangote warns

– Tuesday, March 24, 2026 Africa’s richest man, Aliko Dangote, has warned that the continent risks severe economic consequences if it fails to reduce its dependence on imported fuel amid global supply uncertainties. Dangote gave the warning during a media engagement in Lagos while addressing developments around the Dangote Refinery and the impact of rising

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Oil price LIVE: Brent crude oil soars past $100 as Trump’s US-Iran war sparks chaos

Oil price LIVE: Brent crude oil soars past $100 as Trump’s US-Iran war sparks chaos

Express. Home of the Daily and Sunday Express. News Politics Royal Showbiz & TV Sport Finance Travel Life & Style Shopping Premium Articles UK Royal Weather Politics Defence World US Science History Weird Nature InYourArea Oil prices have risen sharply as Brent crude jumps above $100 amid the Iran and US war. 13:33, Tue, Mar

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Why the Iran war could be a ‘game-changer’ for EVs

Why the Iran war could be a ‘game-changer’ for EVs

BYD electric vehicles, one of the Chinese car manufacturers, are displayed at the annual Bangkok International Motor Show at Impact Muang Thong Thani. The event runs from Tuesday to April 5. (Photo: Pattarapong Chatpattarasil) Surging oil prices driven by the US-Israel war on Iran could accelerate the global adoption of electric vehicles – a sector

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