Oil plunges new low amid US-Iran “peace deal,” investors remain cautious
The global energy market has lost millions of barrels of oil and gas supply due to the Iran war, as Middle East's energy facilities came under attack...
Tag : Iran War
Global air travel demand to see a moderate 2026, says IATA
As per the IATA, the industry-wide revenue passenger kilometres (RPK), a key measure of passenger demand, will grow by 2.1% in 2026...
Iran war presses the requirement for Islamic derivatives, says Fitch
Key barriers to the wider adoption of Islamic derivatives include sharia restrictions, infrastructure gaps and OIC's still-evolving financial systems...
Iran war: World Bank cuts global growth outlook to 2.5%
As per the World Bank, growth could slow to just 1.3% if energy supply disruptions prove more severe and come with substantial stress in financial markets...
Iran war: Singapore’s oil product inventories slump to new low
Singapore's inventories of residual fuel totalled 14.84 million barrels during the week to June 10, hitting their lowest in close to eight years...
Egypt’s garments exports carve out 15% increase despite volatile geopolitics
As per the Apparel Export Council of Egypt (AEC), the sector’s exports reached approximately USD 1.15 billion between January and April 2026...
South Africa to meet fiscal targets despite Iran war, says government
National Treasury Director-General Duncan Pieterse said there have been significant improvements in debt management and fiscal discipline...
Qatar’s maritime trade expands in May, maintains its upward course
Qatar's ports handled cargoes more than 73,173 TEUs in May, representing a remarkable 44% month-on-month increase...
IF Insights: Airlines face grounding risk as Iran war pushes jet fuel price higher
As per industry executives, even if the Strait of Hormuz reopens, cost impact on jet fuel will persist due to reduced refining capacity in the Middle East...
Cooperation key in maintaining global shipping resilience, says Ningbo forum
At the 10th Maritime Silk Road Port Cooperation Forum, Jin Jingdong, chief planner of China's Ministry of Transport, called for stronger cross-border cooperation...