Hormuz Blockade: Global Economy Hits “Nightmare Scenario” as Oil Touches $120 and ECA Invoked in India

The conflict is driving up energy and fertilizer prices; threatening food shortages in poor countries; destabilizing fragile states such as Pakistan; and complicating options for the inflation fighters at central banks like the Federal Reserve.Causing much of the pain: Iran shut

Read More

  • Related Posts

    Mid, Small Cap Inflows Surge Up to 32% as Gold ETF Investments Crash 78% in February: AMFI

    Investor appetite for equities strengthened in February as mutual fund investors shifted funds away from gold and defensive assets into higher-growth equity categories and index-based investments, according to the latest data released by the Association of Mutual Funds in India.T Read More

    “Catastrophic” Fallout: Saudi Aramco CEO Warns of Global Economic Collapse as Hormuz Blockade Deepens

    Saudi Aramco CEO Amin Nasser has issued an alert to world markets, describing the ongoing closure of the Strait of Hormuz as a “nightmare scenario.” Speaking during an earnings call on Tuesday 6, Nasser emphasized that the global economy faces unprecedented peril if the strategic Read More

    Leave a Reply

    Your email address will not be published.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