World economy

Oil tanker hit near Dubai as Iran tensions escalate, pushing oil prices higher

By Cygnus | 31 Mar 2026

Oil tanker hit near Dubai amid Iran tensions, pushing oil prices higher and raising risks to global energy supply and markets.

Digital tariffs loom as WTO e-commerce moratorium expires, raising risks for global trade

By Cygnus | 30 Mar 2026

WTO e-commerce moratorium expires after talks stall, raising the risk of digital tariffs that could impact global trade and tech margins.

India cuts petrol and diesel excise duties as oil prices surge

By Axel Miller | 27 Mar 2026

India cuts petrol and diesel excise duties and adds export taxes as oil prices surge, aiming to curb inflation and secure fuel supply.

China restricts Manus co-founders’ travel amid Meta deal review

By Cygnus | 25 Mar 2026

China bars Manus co-founders from leaving during review of Meta’s $2–3 billion AI deal, highlighting tighter tech investment scrutiny.

India Monitors Iranian Oil Developments Amid Global Supply Concerns

By Cygnus | 24 Mar 2026

India is monitoring global oil supply trends, including developments around Iranian crude, as geopolitical risks continue to influence energy markets.

Asia’s Russian fuel imports poised to hit record high after U.S. sanctions waiver

By Axel Miller | 19 Mar 2026

Asia is set to import over 3 million tonnes of Russian fuel oil in March 2026 after a U.S. waiver allows stranded cargoes at sea to reach ports, providing temporary relief to high-sulphur fuel oil markets.

India reviews shipping insurance risks as West Asia tensions raise costs

By Axel Miller | 19 Mar 2026

India is monitoring rising war-risk insurance premiums on oil and LNG shipments via the Strait of Hormuz. No supply disruption reported so far.

Inflation concerns rise as oil prices firm, but long-term outlook remains anchored

By Axel Miller | 18 Mar 2026

Rising oil prices are pushing up short-term inflation expectations, though markets expect central banks to keep long-term inflation under control.

Oil shock drives surge in rupee options trading as bearish bets rise

By Cygnus | 17 Mar 2026

Rupee options trading volumes double as oil price volatility from the Iran war triggers a surge in bearish bets on the Indian currency.

Living in the “New Gulf”: how conflict is reshaping cities and infrastructure

By Cygnus | 16 Mar 2026

Gulf states are redesigning infrastructure, air defenses and aviation networks as regional tensions reshape urban resilience strategies.

Dubai Airport reopens gradually after drone attack ignites fuel blaze

By Cygnus | 16 Mar 2026

Dubai International Airport (DXB) resumes operations following a drone-induced fuel tank blaze. Learn about flight diversions, cancellations, and the impact on global aviation.

Global carmakers face $70 billion setback as EV strategies shift

By Cygnus | 13 Mar 2026

Global automakers book over $70 billion in writedowns as EV strategies shift toward hybrids.

US, IEA announce record oil release to steady markets

By Cygnus | 13 Mar 2026

US and IEA launch a record oil reserve release to stabilise markets amid supply disruptions near the Strait of Hormuz.

Tankers burn in Iraqi waters as Iran conflict escalates

By Cygnus | 12 Mar 2026

Tanker fires in Iraqi waters highlight rising risks to global energy flows amid escalating Iran tensions.

US praises India’s role in oil market stability amid tensions

By Cygnus | 11 Mar 2026

US officials call India a “great partner” in stabilising oil markets as tensions disrupt global supply routes.

Iranian crude continues flowing to China amid Strait tensions

By Cygnus | 11 Mar 2026

Iran maintains crude shipments to China despite rising risks in the Strait of Hormuz, according to tanker data.

U.S. energy secretary deletes post about Navy escort in Strait of Hormuz

By Cygnus | 11 Mar 2026

Jennifer Granholm deletes post about U.S. Navy escort in Hormuz as tensions rise and officials avoid confirming details.

Why Reliance’s Jamnagar expertise is central to U.S. refining plans

By Cygnus | 11 Mar 2026

Reliance’s Jamnagar complex leads the world in refining complexity, offering flexibility as global oil markets face volatility.

The new Silk Road is a fiber-optic cable: The rise of digital fortresses

By Axel Miller | 10 Mar 2026

As geopolitical tensions reshape technology, countries are building sovereign clouds and fortified data centers. Explore the rise of digital fortresses in 2026.

Oil sinks 7% as Trump predicts Middle East de-escalation

By Cygnus | 10 Mar 2026

Oil prices drop sharply as Trump signals possible Middle East de-escalation, easing fears of supply disruption.

Energy crisis fears grow as U.S. urges India to buy Russian oil; G7 weighs reserve release

By Axel Miller | 09 Mar 2026

Oil prices rise amid geopolitical tensions as the U.S. urges India to buy Russian crude and G7 officials discuss releasing emergency reserves.

German services sector growth hits four-month high in February

By Cygnus | 04 Mar 2026

Germany’s services sector saw accelerated growth in February 2026, driven by exports, though job cuts reached a post-pandemic high.

Gulf businesses face sweeping disruption as Iranian strikes rattle regional hubs

By Axel Miller | 02 Mar 2026

Iranian strikes across the Gulf disrupted airports, ports and markets, dealing the region’s biggest business shock since the pandemic and raising risks for trade and tourism.