Canada will provide 23.6 million barrels of oil to the International Energy Agency, said?Energy?Minister Tim Hodgson on Friday. The?target was met primarily through production already planned. The...
S&P Global Ratings cut Botswana’s long-term currency and foreign sovereign credit rating to “BBB-” from “BBB”, citing structural weaknesses?in global diamond markets?that are expected to weigh on...
The Trump administration proposes to lift certain restrictions on the?use of ethylene dioxide, a carcinogenic?gas?used for sterilisation. They claim that previous restrictions imposed by former president?Joe Biden...
Analysts were cautious, however, as they feared that the weekend could bring about unexpected changes to the war status two weeks after its start. Brent futures were...
California fuel prices are even higher than the rest of the United States. Due to several factors, the fallout from the Iran war is expected to push...
Petrobras, the state-owned oil company in Brazil, will increase the price of diesel sold by distributors by 0.38 reais (US$0.0725) per liter starting 'March 14th. The decision...
France and?Italy opened talks with Iran on Friday to?negotiate a deal that would guarantee safe passage of?their vessels through?the Strait of?Hormuz. However, Italy denied this report. Since...
JPMorgan stated in a Friday note that the crude oil supply cut is on track to hit 12 million barrels of oil per day. This will intensify...
International Energy Agency stated that the closing of the Strait of Hormuz caused the biggest disruption in global oil markets history. The agency said supply is expected...
U.S. Consumer spending increased solidly in January, and the rate of inflation remained high. This, along with the long-running war in the Middle East, strengthened the view...
Greenland's Siumut Party has withdrawn from a 'coalition' government, said the Prime Minister 'on Friday. This weakens efforts to present an united front against U.S. president 'Donald...
The 'head' of Russia's state nuclear corporation stated on Friday that Russia will control the relaunch and operation the Zaporizhzhia Nuclear Power Plant when it is safe....
Aluminum fell on Friday as the dollar gained strength, but shipping disruptions due to the ongoing Middle East conflict kept it on track for a weekly rise....
The world markets are 'rocked' by a Middle East conflict that could cause another inflationary shock. They're looking to the past for clues as to what will...
The U.S. Dollar was set to?gain a second weekly gain as investors moved?towards safer assets on Friday, as the Middle East war pushed investors towards safe-haven currencies....
U.S. Consumer Spending increased slightly more than anticipated in January. This, along with the continued strength of underlying inflation as well as the ongoing war in the...
A Downing Street spokesperson said on Friday that Britain and its partners should continue to exert collective pressure on Russia via sanctions. This follows a chorus of...
Benchmark Mineral Intelligence's (BMI) data on Friday showed that global EV registrations dropped 11% in February. This was largely due to China, which saw its?largest? drop of...
Tokyo Electric Power announced 'on Friday that it is likely to delay the start of commercial operations at the 'Kashiwazaki Kariwa nuclear power station due to a...
The senior Indonesian economic minister stated on Friday that the government may impose an additional tax on certain commodities such as palm oil if it 'needs' to...
Iran's Shiite allies from Lebanon and Iraq joined the regional war sparked by U.S.-Israeli?strikes against Tehran. Yemen's Houthi Rebels, who are heavily armed, and can strike Gulf...
The German Chancellor Friedrich Merz said on Friday that any move to ease sanctions towards Russia was wrong. This came after the United States issued a waiver...
The Russian government sees the lifting of U.S. sanctions on its oil as an attempt by Washington to stabilize global energy markets. Washington's waiver of sanctions on...
ASEAN's foreign and economic ministers called on Friday for an immediate end to the Middle East war, and stated that the effects of high oil prices and...
German Economy Minister Katherina Riese stated on Friday that she could see both sides of the United States' decision to issue a 30-day waiver for purchases of...
The?U.S. The?U.S. dollar is on track for a second weekly gain as investors flock to safe-haven assets due to the conflict in the Middle East. A sharp...
An official from the?industry?ministry said that Japan would consider buying Russian crude oil after the U.S. granted a 30-day waiver of?sanctions amid the Iran War, taking into...
Inflation in Romania was lower than expected for the month of February, but the uncertainty surrounding the economic impact of the conflict in the Middle East clouded...
The gold discounts in India reached their deepest level in nearly a decade this week as the demand remained'subdued' and some traders avoided paying import duties. Meanwhile,...
Energy prices are rising due to the U.S./Israeli war against Iran. This is putting pressure on European governments to provide assistance for households and businesses. However, their...
Ankur Banerjee gives us a look at what the future holds for European and global markets The selloff of stocks and bonds has increased as markets prepare...
The oil prices are on the rise this week, despite U.S. efforts to reduce supply concerns. Brent futures rose by 10 cents or 0.1% to $100.56 per...
The price of iron ore futures rose for the third session in a row on Friday, as expanded restrictions on cargoes by mining giant BHP caused concerns...
Donald Trump said that the new Iranian Supreme leader Mojtaba Khmenei is still alive, but "damaged." His father, the previous supreme ruler, was killed in the U.S.-Israel...
Satsuki Katayama, Japan's Finance Minister, said that the country is prepared to take any steps necessary against sharp swings on foreign exchange and other financial markets. These...
China has increased its 'ban on BHP Iron Ore for the second time in just two weeks. This is a result of a contract dispute that has...
French President Emmanuel Macron condemned on Friday an attack that left one French officer dead and?wounded a number of soldiers in?Erbil. The French army announced on Thursday...
Asian stocks fell on Friday as oil prices rose due to the fading hopes for a solution to the U.S.-Israel war against Iran. This cast a shadow...
The price of oil dropped Friday morning, after the U.S. granted a license to countries for a period of 30 days to purchase Russian oil as well...
Australian shares dropped on Friday, as rising oil prices tied to the Middle East conflict fueled inflation fears. Meanwhile, gold miner Northern Star fell after announcing difficulties...
Benchmark Mineral Intelligence's (BMI) data showed that global EV registrations dropped 11% in February. This was largely due to China's biggest?sales?drop since early 2020 when the COVID-19...
Mark Carney, Canada's Prime Minister, unveiled on Thursday a C$35 billion plan ($25.7 billion), to "boost" Canada's defences in the vast Arctic region. The country is trying...
Venezuela and the Spanish energy group Repsol signed "strategic agreement" on Thursday, according to a government statement. Delcy Rodriquez, the acting president of Venezuela, said on state...
Mark Carney, the Prime Minister of Canada, unveiled on Thursday a C$35 Billion ($25.7 Billion) plan to 'boost Canada’s defenses' in the vast Arctic region as the...
Chile and the U.S. signed a statement on Thursday to start?discussions about rare earths and critical minerals. It was added that the first meeting would take place...
The?U.S. The?U.S. Navy will escort ships?through the Strait of?Hormuz, possibly with an international alliance, when it's militarily feasible, U.S. Treasury Sec. Scott Bessent said in an interview...
According to a law enforcement official, the suspect in a?episode?of gun violence that occurred on Thursday at a Detroit area synagogue has been shot dead. No other...
Global?shares dropped on Thursday, as the attacks on oil tankers and the warnings of Iran?shattered the prospects of an impending de-escalation to the Middle East conflict. Oil...
Brazil's government has scrapped diesel taxes and imposed a tax on oil exports. The move, which was made on Thursday, could affect the state-run Petrobras as it...
According to the university, a gunman opened fire on 'Thursday morning' at Old Dominion University, Norfolk, Virginia. He injured two people, before being fatally shot. The 'university...
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