Energy shock from Middle East war may lift US inflation to 4.2% this year; OECD warns of weaker global growth
The escalation of the Middle East conflict could push US inflation to 4.2% this year--the highest among G7 economies-- while also...
Saudi Aramco is set to ship less crude oil to India, China amid raging Iran war| Business News
Saudi Arabia’s oil sales to Asia’s two biggest importers are set to come in at lower-than-usual levels next month, as the war raging...
US unemployment data: Jobless claims edge up to 210,000; labour market still shows resilience
Applications for unemployment benefits in the United States rose slightly last week, signalling continued labour market resilience even as hiring momentum...
Ola Electric harps on #EndICEAge to revive EV sales amid crude-oil shock| Business News
Ola Electric Mobility Ltd. has once again called for #EndICEAge amid an oil shock brought on by the Iran war. That, even as...
Oil & energy price shock: Goldman Sachs sees India’s macro outlook worsening; cuts Nifty target
Strategists at Goldman Sachs now project Brent crude to average about $105 in March and rise to $115 in April. (AI image)...
India’s Steel Ministry seeks intervention for mills facing LPG shortage| Business News
India's steel ministry has sought assistance of the oil ministry to ensure that steel plants in the country are not affected by the...
