US-Iran peace deal: Shipping industry remains cautious on Hormuz front
The Strait of Hormuz blockade severely disrupted cargo movement across the Middle East, with many vessels being unable to enter or leave the Gulf...
Tag : Middle East Conflict
US-Iran deal: Dollar touches 10-day low as markets cheer end of conflict
The Australian dollar, meanwhile, was down 0.3% at USD 0.705, holding to its losses as the Reserve Bank of Australia left rates unchanged...
Gold edges higher on Iran-US peace deal, all eyes on Fed now
Traders have scaled back expectations for a Fed rate hike in December 2026 to 57% from last week's 70%, after the conclusion of the preliminary Iran peace deal...
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: 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...
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...
Iran effect looms on Toyota as automaker records sales slump
Despite weathering the Iran war better than its global peers, Toyota still witnessed more than 90% export slump in the Middle East...
United Nations revises forecast for global economic growth
As per the United Nations, a surge in energy prices has intensified cost pressures for households and businesses...
China witnesses growth loss due to Iran war disruptions
China's factory output grew 4.1% from a year earlier (slowest growth since July 2023), compared with a 5.7% rise in March...
Egypt raises USD 1 billion in dollar-denominated social bond sale
The eight-year bonds received subscription orders exceeding USD 3.9 billion, reducing the annual yield to 7.6% from 8% due to strong demand...