Topic
geopolitics
Commodities US Crude Bound for Israel for First Time Since 2023, Times of India Reports
A Times of India report headlined 'US crude bound for Israel for first time since 2023' was published on 1 August 2026. The source text supplied no additional details about the cargo, pricing, or routing.
Commodities Shell Profits Double as Oil Prices Rise Due to Iran War
Shell reported a doubling of second-quarter profits to $9.84bn, driven by soaring oil prices following the outbreak of the US-Israel war with Iran. The conflict caused major disruption to global oil and LNG supplies through the Strait of Hormuz. Shell's first-half earnings surged 70% to $16.76bn.
Commodities Crude Oil Futures Fall Despite Intensified US-Iran Strikes in West Asia
Crude oil futures fell on Thursday despite ongoing US-Iran military strikes. October Brent dropped to $87.27, while WTI slipped to $83.72. The EIA reported a 7.2 million barrel decline in US crude inventories.
Commodities Oil Prices Jump Over 7% as Middle East Chaos Flares Up, Brent Crude Back at $90
Brent crude jumped 7.47% to $90.37/bbl and WTI rose 7.15% to $84.93/bbl after fresh US-Saudi strikes on Iran-backed groups in Iraq and Iranian attacks in the Strait of Hormuz. Industry data showed a 3.3 million barrel draw in US crude inventories, adding to bullish sentiment. Analysts expect volatile trade with Brent in the $80-$100 range.
Commodities Oil prices surge nearly 4% on West Asia tensions and lower US crude inventories
Oil prices surged nearly 4% on Wednesday after joint US-Saudi strikes in Iraq and interception of Iranian missiles, while US crude inventories fell by 3.3 million barrels. Brent rose to $87.39 and WTI to $82.31, with OPEC+ reportedly set to halt output increases. The geopolitical escalation dampens expectations for de-escalation in the Persian Gulf.
Commodities Crude Oil Futures Jump After US-Saudi Strikes on Iran-Backed Targets in Iraq
Crude oil futures rallied on Wednesday following joint US-Saudi military strikes against Iran-aligned targets in Iraq. Brent and WTI prices jumped over 3.5% as supply risks escalated, with the Jazan refinery shutdown and Strait of Hormuz traffic halted.
Commodities Crude Prices Climb Over 4% as Renewed Middle East Tensions and Inventory Draw Fuel Supply Fears
Oil prices rebounded sharply on Wednesday, with Brent crude climbing 4.41% to $87.80 per barrel and WTI gaining 4.23% to $82.61. Renewed Middle East tensions, particularly around the Strait of Hormuz, and a 3.3 million barrel draw in US crude inventories reversed the previous session's steep decline.
Logistics Geopolitics Drives CMA CGM Q2 Profit Surge of 42% as Volumes and Rates Climb
CMA CGM posted a 42.4% increase in second-quarter EBITDA to $2.26 billion, with maritime volumes rising 6% to 6.3 million TEUs. The carrier attributed the results to geopolitical instability, sustained freight rates, and network adjustments, including new services like the Mekong Transpacific Express.
Logistics Cheap Drones Expand Maritime Risk: Caspian Now a War Zone for Shipping
A weekend Ukrainian drone strike on an Iranian cargo vessel in the Caspian Sea has removed the assumption that the inland sea was immune from attack. The incident directly links the Ukraine and Middle East conflicts, forcing insurers to add the Caspian to their watchlist alongside the Red Sea, Black Sea, and Strait of Hormuz. Rerouting options are now limited, with no maritime substitute for the Caspian route.
Commodities Oil Prices Fall to One-Week Low as Hopes of US-Iran Breakthrough Ease Supply Concerns
Oil prices declined to a one-week low as expectations of a diplomatic breakthrough between the United States and Iran reduced supply worries. The development highlights the sensitivity of crude markets to geopolitical shifts in the Middle East. No specific price levels or volume data were provided in the report.
Commodities Crude oil futures fall on Trump’s ‘good talks’ comment on Iran
Crude oil futures declined on Tuesday after US President Donald Trump said the US was engaged in 'good talks' with Iran. October Brent fell 1.08% to $84.94, and September WTI dropped 1.14% to $81.67. Meanwhile, the Caspian Pipeline Consortium resumed oil lifting at its Marine Terminal.
Commodities Global crude oil prices plunge around 7% after US and Iran pause military strikes over weekend
Global crude oil prices plunged around 7% on July 27, 2026, after the United States and Iran paused military strikes over the weekend. Brent crude traded 7.2% lower at $89.74 per barrel, while West Texas Intermediate fell 6.6% to $83.36 per barrel, according to News on AIR.
Finance Oil Price Volatility and RBI's Steady Hand Stabilise Rupee Ahead of August MPC Meeting
The Indian rupee is entering a stable phase ahead of the RBI's August MPC meeting, with analysts ruling out sharp depreciation. Brent crude below $105 limits USD/INR below 97.50, while the RBI prioritises managing volatility over defending specific levels. Rising crude inflation may delay rate cuts.
Commodities Crude Oil Falls as US and Iran Halt Weekend Strikes, Easing Geopolitical Risk Premium
Crude oil futures fell sharply on Monday morning after the US and Iran halted strikes against each other over the weekend, with Brent dropping 4.23% and WTI falling 4.90%. The de-escalation marked the first tangible signal of reduced hostilities after 13 days of strikes, though analysts caution that recovery hinges on lasting peace and safe navigation through the Strait of Hormuz. Meanwhile, Houthi attacks on Saudi Arabia's energy facilities continued, adding another layer of supply risk.
Commodities Oil Prices Tumble 5% on US-Iran Pause, Fueling Hopes of Diplomatic Breakthrough
Oil prices fell sharply on Monday after the US and Iran paused hostilities over the weekend, sparking hopes of a diplomatic solution. Brent crude dropped 4.52% to $92.41 a barrel, while WTI fell 4.81% to $85.01. The retreat follows three weeks of gains, though shipping through the Strait of Hormuz remains subdued.
Commodities Brent crude hovers above $100 a barrel as tensions escalate in West Asia
Brent crude futures held above $100 a barrel as the US continued airstrikes against Iran and Houthi attacks raised risks to Saudi oil flows. The September ICE Brent contract was at $100.66, while WTI traded at $91.95. Supply disruptions through the Strait of Hormuz and the CPC terminal in Russia add to geopolitical premium.
Commodities Brent crude tops $100 on Red Sea attacks, Houthis claim strikes on Saudi tankers
Brent crude climbed above $100 per barrel for the first time since May after Yemen's Houthi group claimed responsibility for attacking two Saudi oil tankers in the Red Sea. The geopolitical risk premium drove prices sharply higher, with Brent trading at $100.79 per barrel, up 7%, and WTI at $91.83 per barrel. Analysts warn of further upside if Strait of Hormuz exports are disrupted.
Commodities Brent crude tops $100 a barrel as West Asia conflict fuels oil supply fears
Brent crude oil briefly topped $100 per barrel for the first time since May, surging 6.2% to $99.94 after attacks on two Saudi oil tankers in the Red Sea heightened supply fears. The price had fallen below $72 just weeks ago, roughly back to pre-Iran war levels.
Logistics Ports and Pipelines Reshape Middle East Trade Beyond the Strait of Hormuz
DP World has confirmed plans for two new terminals on the UAE's east coast, outside the Strait of Hormuz, adding a combined 2.5 million TEU of container capacity and 5.3 million tonnes of general cargo. Rival Gulftainer is expanding Khorfakkan terminal. Meanwhile, pipeline projects accelerate to bypass Hormuz for crude oil, though refined products remain exposed.
Logistics Why America May Reflag Gulf Tankers Again: Strait of Hormuz Crisis Escalates
The US may reflag Gulf tankers again, escalating its escort operations in the Strait of Hormuz amid a direct conflict with Iran. According to Splash247, Iran's capabilities have grown since the 1987 Operation Earnest Will, with 17 damaged ships and 12 seafarers killed or missing since February 2026. The US already runs an improvised escort scheme, but formal reflagging would give insurers and shippers legal clarity to bring stranded tonnage back through the strait.
Commodities Copper Market Faces Volatility on West Asia Developments, US-Iran Tensions
Copper prices are expected to remain volatile in the coming months due to the US-Iran conflict and ongoing tariff uncertainty, according to analysts. The metal hit a 6-week high on supply tightness, with LME three-month contracts around $13,800/tonne. BMI raised its forecast to $12,700/tonne, citing supply-side pressures and AI-fuelled optimism.
Logistics Direct Hits on Tankers Push Hormuz Traffic to New Lows, Brokers Warn
Tanker traffic through the Strait of Hormuz has fallen sharply after a series of direct Iranian attacks on commercial vessels. Outbound movements average just four tankers per day, inbound three, well below previous averages. The pool of willing shipowners is shrinking, and the risk environment is deteriorating rapidly.
Logistics Houthi Naval Blockade on Saudi Arabia Tightens Oil Supply Pincer, Disrupts Red Sea Tanker Routes
Yemen's Houthis have declared a naval blockade on Saudi Arabia, causing tankers carrying Saudi crude and a Chinese car carrier to turn back in the Red Sea. The disruption threatens the fallback export route via the Red Sea, which Saudi Arabia had relied on after the Strait of Hormuz became too dangerous. Asian refiners are now seeking longer routes via Suez and the Cape of Good Hope, adding weeks to voyages and significantly increasing freight and bunker costs. Analysts warn that combined disruption of Hormuz and Bab el-Mandeb could affect routes carrying roughly a quarter of global oil supply.
Commodities Crude Oil Futures Rise as US Strikes on Iran Continue for 11th Day
Crude oil futures climbed on Wednesday as US forces continued strikes on Iran for an 11th consecutive day. September Brent reached $92.15/barrel and September WTI $85.25/barrel, supported by geopolitical tensions affecting shipping lanes. Analysts at ING Think noted that risks to Saudi exports from the Red Sea and disruptions at Russia's CPC terminal may leave Brent undervalued.
Commodities Gold surges Rs 800 in Delhi; silver steady as Fed, geopolitics, China demand steer precious metals
Gold prices in the Indian capital gained Rs 800 per 10 grams to Rs 1,47,700 on Tuesday, driven by strong physical buying and favourable global cues. Silver remained flat at Rs 2,21,500 per kg. Analysts attribute silver's recent outperformance to improving industrial demand expectations amid US-Iran diplomatic engagement and China's tech sector support, while gold continues to benefit from central bank purchases and Chinese physical demand. The US Federal Reserve is expected to keep interest rates unchanged for the rest of 2026, according to a Reuters poll.
Commodities Russia, Latin America Fill Gap as India's Middle East Oil Imports Fall on Hormuz Disruptions
India's crude oil imports from the Middle East dropped 27% year-on-year in the April-June quarter to 1.55 million barrels per day, constrained by disruptions through the Strait of Hormuz following the US-Israeli attack on Iran. Imports from the CIS, including Russia, surged 8.3% to 2.26 million barrels per day, with Russian crude hitting an all-time high of 2.64 million barrels per day in June. Imports from Latin American suppliers such as Brazil, Venezuela, and Angola also increased, as Indian refiners adapted to supply route disruptions.
Logistics Houthis Declare Naval Blockade on Saudi Arabia, Escalating Red Sea Shipping Risk
Yemen's Houthi movement declared a naval blockade on Saudi Arabia on Monday, widening a conflict that has disrupted Red Sea shipping since November 2023. Security firm Ambrey warns that Saudi-flagged vessels and ships calling at Saudi ports face high risk. The move threatens key energy export routes and could further strain global supply chains.
Commodities Fresh Houthi Maritime Blockade Threatens Saudi Crude Exports via Red Sea Route
The Iran-backed Houthi movement in Yemen has announced a maritime blockade against Saudi Arabia, threatening crude exports via the Red Sea. Brent crude edged higher amid the fresh geopolitical risk, with Saudi Arabia having rerouted exports through Yanbu port after Strait of Hormuz disruptions.
Commodities US fuel prices rise: Gasoline returns to $4 per gallon after Middle East flare-up
A report from Times of India indicates that US gasoline prices have risen to $4 per gallon after a Middle East flare-up. The headline highlights the renewed price level, though no further details on specific contracts or volumes were provided.
Finance Rupee falls 12 paise to 96.42 as Middle East tensions lift crude oil prices above $90
The Indian rupee weakened 12 paise to 96.42 against the US dollar in early trade on Monday, driven by rising crude oil prices and escalating Middle East tensions. Foreign capital outflows and a decline in domestic equity markets added pressure. Brent crude surged 2.45% to $90.26 a barrel following a collapse of the US-Iran interim agreement and stalled shipping through the Strait of Hormuz.
Commodities Oil Prices Jump 3% as US-Iran Conflict Intensifies, Brent Crude Tops $90 per Barrel
Oil prices rallied on Monday as US-Iran conflict intensified, with Brent crude topping $90 per barrel and WTI reaching $84.20. The surge follows sustained military strikes and shipping disruptions through the Strait of Hormuz, where passage slowed to just four vessels on Sunday. A Barclays analyst warned that markets remain too complacent about the impact on inventories.
Commodities Brent crude trades above $90 a barrel on escalating US-Iran hostilities
Brent crude oil futures rose above $90 per barrel on Monday as escalating hostilities between the US and Iran raised supply concerns. September Brent contracts traded at $90.27, up 2.46%, while WTI stood at $83.64. ING Think analysts warned of potential wider Persian Gulf attacks and disruption to Strait of Hormuz flows.
Commodities Brent crude oil tops $90 as US and Iran intensify Middle East attacks
Oil prices surged on Monday, with Brent crude surpassing $90 a barrel, as the United States and Iran intensified attacks in the Middle East, disrupting energy shipments through the Strait of Hormuz. Brent climbed 3.05% to $90.79, its highest since June 11, after a 15.9% weekly gain. The conflict escalated with US naval blockades and Iranian strikes on shipping, reducing transit through the strategic waterway.
Commodities Gold, silver under pressure this week as US-Iran conflict, oil rally cloud outlook
Gold and silver are under pressure this week as escalating US-Iran conflict, surging crude oil prices, and a stronger dollar weigh on precious metals. MCX gold futures fell nearly 2% to Rs 1.40 lakh per 10 grams, while silver dropped 2.8% to Rs 2.16 lakh per kg. Investors await key economic data from the US, Europe, and China for further direction.
Logistics Strait of Hormuz Crisis Worsens as Containership Attack, Azov Drone Strikes Disrupt Trade Routes
The Strait of Hormuz crisis escalates with a Global Feeder Shipping containership attacked and traffic at five-week low. Ukraine’s drone campaign hits 116 vessels in nine days, suspending Azov-Don canal and Kerch Strait traffic. Sea Legend Shipping plans weekly Northern Sea Route container service; South Korea probes four container manufacturers for price-fixing.
Logistics US Forces Fire Hellfire Missiles to Disable Iran-Bound Tanker in Arabian Gulf
U.S. forces fired Hellfire missiles to disable the Curacao-flagged tanker M/T Belma attempting to violate a blockade toward Iran's Kharg Island terminal. The vessel ignored multiple warnings and is no longer transiting. The U.S. blockade began July 14 after the ceasefire collapsed. Crude oil futures stabilized at $78 per barrel with reduced Strait of Hormuz traffic.
Crude Oil Futures Edge Lower Despite US Strikes on Iran; Supply Disruptions Loom
Crude oil futures traded marginally lower on Thursday despite US airstrikes on Iranian facilities. September Brent was at $84.70, down 0.29%, while WTI fell 0.19% to $79.45. US EIA data showed a 1.7-million-barrel draw in commercial crude inventories. Analysts from ING Think flagged risks of renewed supply disruptions amid depressed tanker traffic through the Strait of Hormuz and the impending end of SPR releases.
Commodities Oil Prices Extend Gains for Fourth Day, Hold Above $85 Amid US-Iran Escalation
Crude oil prices extended gains for a fourth consecutive session, with Brent trading at $85.48/bbl and WTI at $80.27, as US military strikes on Iran escalated Middle East tensions. Analysts warn of supply disruptions through the Strait of Hormuz and Bab el-Mandeb. Goldman Sachs projected Brent could rise above $110 if Gulf exports face delays.
Logistics Ukraine's Azov campaign hits 116 Russian vessels in nine days, eclipsing 1980s tanker wars
Ukraine has struck 116 Russian vessels in nine days in the Sea of Azov, a campaign that maritime security firm Ambrey says has surpassed the pace of the Iran-Iraq tanker war. The attacks, targeting tankers and cargo ships, aim to sever Russian logistics chains. Around a quarter of Russia's grain exports move through Azov ports, and diversions to the Black Sea and Baltic are already being considered. The IMO condemned the strikes, while seafarer casualties have been reported, including eight killed in Russian counterstrikes on Odesa.
Commodities Crude Oil Futures Rise as Trump Threatens Strikes on Iran's Energy Targets
Crude oil futures traded higher on Wednesday after US President Donald Trump threatened to strike energy targets in Iran. September Brent rose 0.93% to $85.52 and August WTI gained 0.66% to $79.86 on geopolitical supply disruption fears. Trump's comments follow ongoing attacks between US and Iranian forces in West Asia.
Commodities Russia, Strait of Hormuz Combine to Drive Diesel Higher After Nine-Week Decline
The benchmark diesel price rose 21.8 cents to $4.796/gallon amid escalating geopolitical risks. ULSD futures soared over 20% from a July 2 low as Russian refining capacity hit 21-year lows and Strait of Hormuz traffic slowed drastically. The spread between Brent crude and diesel widened to $1.84/gallon, one of the highest since the war began.
Logistics Hormuz crisis reaches final form: double tolls, dual routes, and paralysis for shipping
The Strait of Hormuz has become the world's first double-tolled chokepoint after the US announced a 20% levy on all cargo transiting the strait, while Iran continues collecting fees from 'friendly' vessels. The dual pricing, along with two rival traffic routes and two irreconcilable geopolitical worldviews, is creating paralysis across ocean freight, especially for oil and LNG tankers. P&I clubs, charterers and traders have no precedent to price the risk.
Logistics Trump Monetises Hormuz Security as Tanker Attack Kills Indian Seafarer and US Reimposes Iran Blockade
A UAE-flagged tanker was struck by Iranian missiles in the Strait of Hormuz, killing an Indian crew member, as the US resumed its blockade of Iranian ports and President Trump announced a 20% toll on all cargo transiting the waterway. DP World is planning a new port at Fujairah to bypass the strait.
Commodities Crude Surges to One-Month High as US-Iran Conflict Escalates, Brent Nears $85
Oil prices climbed to a one-month high on Tuesday as the United States reinstated a naval blockade on Iran and intensified military strikes, while Tehran retaliated with attacks on UAE oil tankers in the Strait of Hormuz. Brent crude rose 2% to $84.98 a barrel, and WTI gained 2.1% to $79.79, adding to a 9.6% surge in the prior session.
Trade US and Iran Trade Fire as Tensions Rise Over Strait of Hormuz
The US launched a new attack on Iran on Sunday evening, killing one person, according to Iranian state media. Iran's Islamic Revolutionary Guard Corps (IRGC) responded by striking US military bases in Kuwait, Jordan, and Bahrain. The Strait of Hormuz remains at the center of conflicting claims—Iran says it is closed, the US insists it is open. Oil prices jumped 4.3% in Asia on Monday, with Brent crude at $79.26 a barrel.
Logistics Strait of Hormuz Security Collapses After Boxship Attack; US and Iran Trade Strikes
The security situation in the Strait of Hormuz deteriorated sharply after a 7,000 TEU container vessel operated by Global Feeder Shipping was attacked and caught fire. The US launched further strikes on Iranian targets, and Iran retaliated with missile and drone attacks across the Gulf. Iran declared the strait closed while the US insists it remains open, creating uncertainty for shipping.
Commodities Crude Oil Futures Jump Over 4% as US-Iran Strikes Threaten Strait of Hormuz
Crude oil futures jumped more than 4% on Monday after the US and Iran launched attacks against each other and Iran announced closure of the Strait of Hormuz. September Brent reached $79.13, up 4.1%, while WTI rose 4.12% to $74.35. Escalation has slowed vessel transits, raising fears of oil supply tightness through Q3.
Logistics Strait of Hormuz Ship Traffic Plunges After US-Iran Strikes on Tankers
Traffic through the Strait of Hormuz fell steeply to 23 ships on Wednesday 8 July, down from 47 a week earlier, after attacks on three tankers and renewed US-Iran strikes. The drop follows a fragile peace deal signed 17 June that had temporarily boosted crossings to 72 ships. Iran insists only its approved northern route is safe, while the US recommends a southern Omani corridor. Logistics operators face heightened risk, potential delays, and rerouting decisions.
Commodities Oil edges lower but heads for weekly gain as West Asia supply risks persist
Oil prices edged lower on Friday but remained on track for weekly gains as the United States and Iran continued trading strikes, keeping supply risks elevated. Brent futures fell 6 cents to $76.24/bbl, while WTI lost 4 cents to $72.04/bbl. For the week, Brent was set for a 6% gain and WTI for a 5% increase.
Logistics Strait of Hormuz Near Standstill, Ukraine Strikes, Evergreen Raided, ZIM Sale Faces Hurdles
The Strait of Hormuz saw a near standstill after US strikes on Iran, with three vessels attacked. Ukraine escalated attacks on Russian shipping. Evergreen Marine was raided in Taiwan. The ZIM sale to Hapag-Lloyd faces political opposition. The Panama Canal will reduce neopanamax draught limits.
Commodities Oil Prices Slip but Head for Weekly Gains as US-Iran Conflict Keeps Supply Fears Alive
Oil prices edged lower in early trade on Friday but remained on course for strong weekly gains as renewed military exchanges between the United States and Iran kept concerns over global crude supplies elevated. Brent crude was set to post a 6% weekly gain, while WTI was on track to rise 5%. The disruption to the Strait of Hormuz remains a key concern, though demand-side worries from inflation limited the upside.
Logistics Ukraine's Tanker and Refinery Campaign Deepens Russia's Fuel Crisis
Ukraine escalated its campaign against Russian maritime and refinery infrastructure, hitting over 20 shadow fleet tankers in the Kerch Strait and disabling major refineries including Omsk, deepening a fuel crisis that now affects more than 50 Russian regions. The campaign has also sparked diplomatic tensions with Greece after a Ukrainian sea drone was found near Lefkada.
Commodities Brent crude surges to $78 per barrel on fresh US strikes on Iran and West Asia tensions
Brent crude surged to $78.68 per barrel on Thursday after the US launched fresh strikes on Iran and President Trump declared the ceasefire 'over'. West Texas Intermediate also climbed. The escalation in West Asia raised fears of supply disruptions, pushing oil prices higher after after-hours gains on Wednesday.
Commodities Crude oil futures rise as US continues attacks on Iran, Strait of Hormuz tanker crossings plunge
Crude oil futures advanced on Thursday after US forces conducted a second day of strikes against Iranian military targets, escalating tensions in the Strait of Hormuz. September Brent rose 1.12% to $78.89/barrel, while August WTI gained 1.14% to $74.36. ING Think strategists noted the ceasefire appears on life support, and vessel tracking data showed Strait of Hormuz tanker crossings fell to just seven, the lowest since June 21.
Commodities Crude Chaos: Oil Near $80 a Barrel After Trump Declares US-Iran Ceasefire ‘Over’
Oil prices surged toward $80 a barrel after US President Donald Trump declared the US-Iran ceasefire 'over' and launched fresh strikes. Brent crude rose 1.31% to $79.04, extending a 5% rally. Maritime authorities raised the Strait of Hormuz threat level to 'severe' following tanker attacks, reigniting inflation fears.
Commodities Oil Jumps Nearly 5% as Trump Declares Iran Ceasefire 'Over'; Wall Street Falls
Oil prices surged nearly 5% and US stocks fell on Wednesday after President Donald Trump declared the ceasefire with Iran effectively over, raising fears of renewed disruptions to global energy supplies. Brent crude rose 4.8% to $77.74 a barrel, while the S&P 500 dropped 0.5% and the Dow lost 550 points.
Logistics Container Rates Near $9,000 on Asia-US East Coast as Iran War Flares
Container rates on the Asia-US trans-Pacific trade lane surged to nearly $9,000 per FEU on the East Coast, up 8% week-over-week, as renewed hostilities between the US and Iran disrupt shipping and delay Maersk's planned return to the Suez Canal. General rate increases and peak season surcharges have added over $3,000 per FEU since late May. Congestion is building at major Asian ports including Shanghai, Ningbo, Yantian, Singapore, Busan, and Colombo.
Business Goldman Sachs raises India GDP growth forecast to 6.8% after US-Iran peace pact
Goldman Sachs raised India's GDP growth forecast for calendar year 2026 to 6.8% from 6.5%, and FY27 growth by 40 basis points to 6.5%, following the US-Iran peace deal. The investment bank cited lower global oil prices, eased supply chain disruptions, and stronger-than-expected first-quarter economic activity as key drivers. It also lowered inflation and current account deficit forecasts.
East-West split could cost world $6.9 trillion, WEF warns leaders
The World Economic Forum warns that a full economic decoupling between East and West could cost $6.9 trillion in lost GDP. Current fragmentation already reduces growth by $213–$307 billion and adds 0.2–0.3 percentage points to inflation. Emerging markets face the greatest impact, while US output growth is forecast to be 0.4–0.6 percentage points lower than projected.
Trade Iran-US Interim Peace Deal May Support India's Growth But Inflation and Fiscal Risks Remain: RBI
The Reserve Bank of India, in its bi-annual Financial Stability Report, stated that the interim peace deal between Iran and the United States could support India's economic growth by normalising supply chains and easing geopolitical tensions. However, it warned that elevated oil and commodity prices, along with weaker global growth, could weigh on domestic expansion in 2026-27, while inflation and fiscal deficit pressures remain key concerns.