Global Economy
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Global Professional Service Firms Play a Key Role in Shaping Economic Policy in Emerging Economies
SINGAPORE, October 1 — Research presented at the NTU-SBF Centre for African Studies seminar on September 1 challenges…
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Global air travel demand falls 0.8% as Middle East traffic drops
Almaty, October 1 — Global air travel demand fell 0.8% year-on-year in August 2026, according to the International…
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Triethylene Glycol Prices 2026: Trend, Chart & Forecast
ALMATY, Kazakhstan, September 30, 2026 According to the latest report by IMARC Group, the price of triethylene glycol…
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Black Sea Initiative: What 51 Nations Are Really Backing
UNITED NATIONS, September 24 — A coalition of 51 countries and the European Union has backed a joint…
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Saudi Arabia Shuts East-West Pipeline, Oil Prices Rise
RIYADH, September 13 — Saudi Arabia has shut down the East-West Pipeline, the main oil route that lets…
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China Leads Global Energy Consumption and Production
BEIJING, August 4 — China’s economic footprint in global energy markets remains immense, with data from early 2024…
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Central Banks Use Policy to Fight Inflation from Energy Shocks
WASHINGTON, D.C., August 1 — The prospect of an energy shock, potentially triggered by a conflict involving Iran,…
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Strait of Hormuz: Vital Oil Chokepoint with Global Impact
WASHINGTON D.C., August 1 — The Strait of Hormuz, a narrow waterway connecting the Persian Gulf with the…
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Saudi Oil Attack Cuts 5.7 Million Barrels Daily Production
RIYADH, July 26 — When drones and missiles struck the heart of Saudi Arabia’s oil infrastructure in September…
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US-Iran Tensions Historically Impact Oil, Global Economy
TEHRAN, July 25 — The petroleum industry in Iran sits at the center of a global energy calculus,…
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The Economic and Market Impact of US-Iran Military Strikes on Oil
WASHINGTON, July 20 — The opening salvos in the latest US-Iran confrontation sent global oil prices climbing on…
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Oil markets jittery as U.S.-Iran tensions, Houthis stir supply risks
WASHINGTON, July 20 — As geopolitical tensions in the Middle East simmer, the global oil market is once…
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Chokepoint Threat: Bab el-Mandeb Strait Shapes Global Oil Security
MANAMA, July 20 — The Bab el-Mandeb strait, whose Arabic name translates to “Gate of Tears,” is among…
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Oil at Risk: The Economic Stakes of the U.S.-Iran Standoff
WASHINGTON, July 19 — Global oil markets have long kept a nervous eye on the Strait of Hormuz,…
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IEA Forecasts 2023 Oil Demand At 102 Million Bpd Amid OPEC+ Cuts
VIENNA, July 19 — The International Energy Agency forecast global oil demand at 102 million barrels per day…
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Western Sanctions Reshape Global Energy Markets Since 2014
BRUSSELS, July 16 — The shift is almost a decade in the making, and it keeps accelerating. International…
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Western Sanctions on Russian Energy Reshape Global Markets
MOSCOW, July 16 — Western sanctions on Russian energy exports, imposed beginning in 2022, have fundamentally reshaped the…
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Strait of Hormuz transit fee could add $1 per barrel to oil costs
WASHINGTON, July 15 — A proposed fee on tanker traffic transiting the Strait of Hormuz could add between…
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OPEC and the Geopolitics of Oil: How a Cartel Shapes Global Power
VIENNA, July 14 — The Organization of the Petroleum Exporting Countries, the cartel that controls a massive share…
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Global Oil Market Stable Despite Rising Energy Attacks
LONDON, July 14 — The mechanics of global oil pricing have been tested repeatedly over the past eighteen…
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Space Debris Costs Satellite Operators Billions in Damages
MOSCOW, July 14 — A 2023 discovery of a hidden debris swarm in geosynchronous orbit (GEO) has introduced…
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U.S.-Iran Conflict Risks Global Oil via Strait of Hormuz
TEHRAN, July 14 — The narrow waterway that carries about 20% of the world’s daily oil supply is…
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Iran Sanctions, War Risk Threaten Global Oil Prices
TEHRAN, July 14 — Iran’s oil exports have been slashed to a fraction of their former volume, and…
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Iran’s Oil Standoff Threatens Global Energy Stability
WASHINGTON, July 14 — The economic confrontation between the United States and Iran carries global consequences that extend…
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