Month: April 2026
India turns to Iran for oil and gas after 7-year hiatus, signaling limits to U.S. tilt
An Indian liquefied petroleum gas (LPG) carrier, Shivalik, arrives at Mundra Port via the Strait of Hormuz, amid the U.S.-Israel conflict with Iran, in Gujarat, India, March 16, 2026. Amit Dave | Reuters India has begun buying oil and gas from Tehran after a seven‑year hiatus as it grapples with supply disruptions and elevated energy […]
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Trump’s Iran ultimatum and signals of a possible deal keep investors on tenterhooks
US President Donald Trump during a prime-time address to the nation in the Cross Hall of the White House in Washington, DC, US, on Wednesday, April 1, 2026. Alex Brandon | Bloomberg | Getty Images Investors are caught between positioning for a swift deal that ends the war and a significant escalation that could send […]
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Japan’s Nikkei 225 set to fall as Trump’s Iran deadline pushes oil higher in holiday-thinned Asia
A small boat with fishermen passes as a vessel sits at anchor, amid the U.S.-Israeli conflict with Iran, off Sultan Qaboos Port in Muscat, Oman, March 25, 2026. Stringer | Reuters Japanese markets were set to open lower open on Monday, while most markets in Asia were closed for holidays, as investors parsed the latest […]
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Oil prices rise as Trump warns Iran to open Strait of Hormuz by Tuesday or face ‘hell’
Satellite view of the Strait of Hormuz, a critical chokepoint for global energy supply, connecting the Persian Gulf to the Gulf of Oman. Gallo Images | Getty Images Oil prices rose on Sunday with U.S. crude topping $114 per barrel, after President Donald Trump gave Iran until Tuesday to open the Strait of Hormuz or […]
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How a perilous U.S. rescue mission in Iran nearly went off course
Wreckage is seen from what Iranian authorities say is a U.S. military helicopter that crashed during a mission to rescue the missing American pilot of an F-15E that was downed earlier this week, in a handout image provided on April 5, 2026, in an unspecified location in Iran. U.S. President Donald Trump has said on […]
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Soaring energy costs are rattling investors. Why the ‘food price shock’ could be worse
Surging energy prices amid the Iran war are worrying Wall Street, but UBS warned that higher food costs could follow. Since the start of the conflict in the Middle East, international Brent crude futures have surged 50%, while West Texas Intermediate futures have gained 66%. UBS economist Arend Kapteyn said the energy jump is subsequently […]
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