Oil prices increased on Friday as tensions in the Middle East continued to escalate. This week,…
Tag: Geopolitics
US-Iran Tensions Escalate, Shipping Traffic in Hormuz Slumps
Tensions between the United States and Iran intensified this week, leading to a significant decline in…
European stocks gain modestly amid US-Iran conflict concerns
European stocks posted modest gains on Thursday, with the pan-European Stoxx 600 index rising 0.16% to…
IEA Forecasts First Global Oil Demand Drop Since 2020
The International Energy Agency (IEA) has projected a decline in global oil demand for the first…
Oil prices decline amid US-Iran tensions, remain elevated
Oil prices settled lower on Thursday, July 16, but remained near their highest levels since mid-June…
Armenia’s Election Strengthens Trade Routes, Weakens Russia
Armenia's parliamentary election results in June have significantly weakened Russia's influence in the South Caucasus, according…
Decoupling from China could cost U.S. $14 trillion, EY warns
A new analysis from EY-Parthenon estimates that the cost for the U.S., Eurozone, and UK to…
US gas prices near $4 as diesel tops $5 amid Iran conflict
US gas prices have surged to an average of $3.94 per gallon, increasing 15 cents in…
Iran Warns of Bab el-Mandeb Closure Amid Rising Tensions
Iran's recent warning regarding the Bab el-Mandeb Strait has raised concerns about potential maritime disruptions. The…
Singapore to Reinforce Trusted Hub Status Amid US-China
Singapore plans to strengthen its position as a trusted global hub amid rising geopolitical tensions between…