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Economy

34 articles

Oil Prices Plunge as Hopes Rise for US Iran Peace Deal
EconomyMay 07, 2026
Oil Prices Plunge as Hopes Rise for US Iran Peace Deal...

LONDON — Oil prices plunged on Thursday as optimism grew over new proposals exchanged between the United States and Ir...

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Oil Prices Surge Sharply After UAE Departure From OPEC
EconomyApr 29, 2026
Oil Prices Surge Sharply After UAE Departure From OPEC...

LONDON — Oil prices surged on Tuesday after the United Arab Emirates announced its decision to exit OPEC and the OPEC+...

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Bank of Japan Holds Rates Steady in Split Vote Amid Global Tensions
EconomyApr 28, 2026
Bank of Japan Holds Rates Steady in Split Vote Amid Global Tensions...

TOKYO — The Bank of Japan kept its key short-term interest rate steady at 0.75% on Tuesday in a split vote, as global ...

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Oil prices surge as Strait of Hormuz remains closed amid Iran crisis
EconomyApr 27, 2026
Oil prices surge as Strait of Hormuz remains closed amid Iran crisis...

LONDON — Oil prices surged on Monday as the Strait of Hormuz remained closed amid the ongoing Iran crisis and stalled ...

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US stock market records mixed session amid ongoing Iran conflict uncertainties
EconomyApr 27, 2026
US stock market records mixed session amid ongoing Iran conflict uncertainties...

NEW YORK — U.S. stock indexes posted a mixed performance on Friday amid uncertainties surrounding stalled U.S.-Iran pe...

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Oil Prices Rise Sharply After Iranian Ship Seizure
EconomyApr 23, 2026
Oil Prices Rise Sharply After Iranian Ship Seizure...

NEW YORK — Oil prices rose sharply on Monday following the U.S. Navy's seizure of an Iranian-flagged cargo ship near t...

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Oil Markets React as Iran Reimposes Restrictions on Strait of Hormuz
EconomyApr 21, 2026
Oil Markets React as Iran Reimposes Restrictions on Strait of Hormuz...

LONDON — Oil prices swung sharply on Monday as Iran reimposed strict controls over the Strait of Hormuz, reversing a b...

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Oil Prices Plunge Amid Renewed Hormuz Strait Crisis
EconomyApr 19, 2026
Oil Prices Plunge Amid Renewed Hormuz Strait Crisis...

LONDON — Oil prices fell sharply on Friday after Iran announced that the Strait of Hormuz was open to commercial shipp...

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Airlines Cut Routes Due to Rising Jet Fuel Costs From Conflict
EconomyApr 19, 2026
Airlines Cut Routes Due to Rising Jet Fuel Costs From Conflict...

NEW YORK — Several major airlines have begun cutting routes and reducing flight frequencies as jet fuel prices have su...

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