Iran, oil prices and Global Markets
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The IEA agreed Wednesday to release a record 400 million barrels of oil, and the U.S. would tap 172 million barrels from its Strategic Petroleum Reserve.
Beyond the battlefield, the Iran war is exposing fragile economic chokepoints from energy routes to fertilisers and industrial gases, raising concerns among economists that supply disruptions could shape global prices and trade long after the conflict ends.
Asian markets snapped back on Thursday, with South Korea’s KOSPI rising by almost 10%, clawing back a chunk of its drubbing in recent days, and Japan’s Nikkei adding nearly 2%. The apparent respite amid the ongoing Middle East conflict wasn’t ...
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In today’s economy, time zones and borders are no longer barriers. The U.S. equity market—representing nearly two-thirds of global market capitalization—sits at the center of this transformation. Investors from Asia to Europe expect access on their ...