Category : Global Economy


Iran War Halts 11% of Israeli Workforce

The ongoing conflict with Iran has led to 11% of Israel's labor force being unable to work, highlighting severe economic disruptions and workforce challenges.

US to Hike Global Tariff Rate to 15% This Week

The United States is expected to implement a temporary global tariff increase to 15% this week, following former President Donald Trump's announcement in late February. This move comes after the Supreme Court invalidated previous tariffs under national em

Oil Prices Jump on US-Israel-Iran Conflict Supply Fears

Brent and WTI crude oil prices have surged by over $2-$3 per barrel as the expanding US-Israel war with Iran heightens supply risks. Vessels are avoiding the Strait of Hormuz, causing freight rates to soar, with analysts predicting elevated prices in the

Asia's Oil Supply at Risk as Middle East Conflict Escalates

Escalating tensions between Israel, the US, and Iran threaten to close the Strait of Hormuz, disrupting crude oil and LNG supplies to Asia. India, China, Japan, and South Korea face significant exposure due to heavy reliance on Middle Eastern energy impor

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