Will ‘Crude Shock’ Result In Stagflation In Global Economy?

The Israel-US conflict with Iran, which has already led to a 23% surge in global crude oil prices, and 47% increase in natural gas prices, now raised concerns over stagflation across the global economy.Stagflation refers to an economic situation wherein high inflation, stagnant e

Read More

  • Related Posts

    Gold Hovers Near 7-Month Low On Firm Treasury Yields, Fed Rate Outlook

    Gold fell 1% on Wednesday, hovering near a seven-month low hit in the previous session, pressured by higher Treasury yields, while fading prospects of a permanent U.S.-Iran peace deal kept concerns over inflation and Federal Reserve rate hikes elevated.Spot gold was down 1% at $3 Read More

    US Removes These 4 Indian Firms From Russia-Linked Sanctions List

    The United States has dropped four Indian companies from its Russia-linked sanctions list, as per an update issued by the UA Department of the Treasury’s Office of Foreign Assets Control (OFAC).The companies removed from OFAC’s Specially Designated Nationals (SDN) List are RRG En Read More

    Leave a Reply

    Your email address will not be published. Required fields are marked *