The Iran conflict is making investors more doubtful that the Federal Reserve will cut interest rates this year. It is far from a wholesale repricing. Traders still see a 76% probability that the Fed ...

The evidence of this, so far as Gaza is concerned, is plain to see: block after block of collapsed schools, offices, and high-rise apartments. As of January 2025, an estimated 70 percent of all ...

It is not the same as the post-pandemic Russian invasion of Ukraine, since that shock elevated demand alongside reduced energy supplies. A pure supply shock, being itself a hit to global GDP, weakens ...

Britons are being urged to drive less amid expectations the Middle East fighting will send forecourt prices soaring, with experts suggesting petrol could hit £2 per litre. Saudi Arabia - the biggest ...

The cost of oil topped $100 a barrel, FTSE 100 fell, mortgage rates are rising and there are fears over jumps in energy bills and petrol prices ...

As oil prices rise above $90 a barrel due to the conflict in Iran, experts warn that the effects could extend beyond gas prices, influencing the cost of everyday goods.

Global energy prices have shot upwards after the US and Israel unleashed war in the Middle East, but just how far those shocks will ripple across the economy remains unclear.