Global markets and oil prices on March 30, 2026, saw Brent crude jump above $115 per barrel while stocks tumbled as Yemen’s Houthis entered the Iran war, fueling supply disruption fears.
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Global markets rallied on March 25, 2026, as Brent crude fell below $100 per barrel on US-Iran ceasefire hopes, while gold gained over 2% on a softer dollar and easing inflation fears.
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Global markets plunged on March 23, 2026, as Trump’s 48-hour ultimatum to Iran over the Strait of Hormuz stoked inflation fears, sending oil above $113, stocks into a tailspin, and wiping out gold’s 2026 gains.
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Asian countries are scrambling to contain a deepening energy crisis following the closure of the Strait of Hormuz, with governments from South Korea to Bangladesh capping fuel prices, rationing supplies, and imposing emergency working-from-home measures.
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French President Emmanuel Macron will host an emergency G7 leaders’ call to discuss the escalating Iran crisis and volatile oil prices, as major economies weigh coordinated responses including potential strategic reserve releases.
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Global financial markets steadied on Wednesday after a dramatic oil price pullback, with the IEA proposing the largest emergency reserve release in history to calm energy markets, though conflicting signals from the Middle East conflict continue to fuel uncertainty.
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A container ship was struck by an unknown projectile 25 nautical miles off Ras Al Khaimah, UAE, the UKMTO reports. All crew are safe as attacks on vessels near the Strait of Hormuz intensify.
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Eleven days since the first explosions rocked Tehran, the war between US-Israeli forces and Iran has metastasized from a regional confrontation into a global economic and humanitarian crisis. This special report examines how the conflict is reshaping daily existence across the planet—from the price at the pump to the spectre of starvation in the world’s most vulnerable communities.
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Global oil prices have cratered more than 10 percent in one of the most dramatic reversals in energy market history, plunging from three-year highs above $119 per barrel to below $85 as diplomatic signals and potential intervention by major economies calmed supply fears.
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Global oil prices have surpassed $100 per barrel for the first time since 2022 as the escalating Iran-Israel-US war disrupts shipping through the Strait of Hormuz, removing 20 million barrels from daily supply and forcing G7 ministers to consider emergency reserve releases.
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The US-Israeli military campaign against Iran has entered its seventh day with intensified strikes, Iranian retaliation against Gulf states, mounting civilian casualties, and emerging mediation efforts even as Washington rules out negotiations.
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