Finance

Global markets reacted to news of a two-week ceasefire in Iran with a sharp drop in oil and petroleum product prices. By the morning of Wednesday, April 8, Brent crude futures were hovering around $95 per barrel, having traded at approximately $110 the day before. According to …

The conflict in the Middle East is increasingly disrupting global commodity markets and supply chains. The World Bank reports sharp price increases: crude oil rose by nearly 40% between February and March, liquefied natural gas shipments to Asia jumped by almost two-thirds, and nitrogen-based fertilizer prices surged …