India Urges Austerity as Iran War Drives Up Fuel, Food Costs—Modi Calls for Fuel Cuts, Gold Purchases Halt By Dr. Olivia Bennett | Chief Editor, Business | May 11, 2026 Indian Prime Minister Narendra Modi has launched an unprecedented appeal to citizens to curb fuel consumption, reduce edible oil imports, and halt non-essential gold purchases, … Read more
The energy security of Germany’s capital has entered a precarious new phase as Russia officially halted the transit of Kazakh oil through the Druzhba pipeline on May 1, 2026. The move, which Moscow attributed to current technical capabilities, disrupts a critical supply chain that feeds the PCK refinery in Schwedt, the primary source of petrol, … Read more
The global economy is currently teetering on the edge of an unprecedented energy collapse as the conflict between the United States, Israel, and Iran enters a critical phase. With the world facing a severe shortage of oil and natural gas, the International Energy Agency (IEA) has warned that the current crunch is more severe than … Read more
Is the Iran Conflict Triggering a Global Economic Crash? The global economy was already facing headwinds even before the recent escalation of conflict in Iran. Warnings from leading German economic associations – the BDA, BDI, DIHK, and ZDH – suggested a potential economic tipping point was approaching. The outbreak of hostilities, and the subsequent surge … Read more
2026-02-28 21:59:00 “Zuspitzende Sicherheitslage”Bank Barclays rechnet mit Ölpreis-Anstieg auf 100 US-Dollar 28.02.2026, 22:59 Uhr Artikel anhören(02:18 min) Die iranischen Revolutionsgarden hatten Schiffe davor gewarnt, durch die Straße von Hormus zu fahren. (Foto: picture alliance/dpa) Teilen Folgen auf: Die militärische Eskalation im Nahen Osten hat auch Auswirkungen auf die Weltwirtschaft: Die Bank Barclays erwartet einen deutlich … Read more
The conflict in Ukraine continues to escalate, with recent events highlighting the widening scope of potential regional impact. As Russia’s offensive presses on, concerns are growing over the possibility of spillover effects into neighboring countries. This comes as analysis suggests Ukraine may be losing ground in the war, and as efforts continue to maintain safety … Read more