OPEC Claims the World Needs $18.2 Trillion in Oil and Gas Investments by 2050
The world needs $18.2 trillion in oil and gas investments through 2050 to ensure energy supply by the middle of...
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US Strike On Iran Triggers Oil Shock In Asia
(MENAFN- Asia Times) A targeted US military strike on Iranian military assets has reignited geopolitical risk in global markets, and the immediate fallout is being felt most acutely across emerging Asia. Asian currencies, equities and bonds are under renewed pressure as investors price in higher energy costs, a potential capital exodus and a delayed path to monetary easing. The Bloomberg Asia Dollar Index dropped 0.3%, its largest single-day decline in weeks. The South Korean won and Indonesian rupiah led regional currency losses, while equity markets from Manila to Seoul posted...
Tariff Tracker, May 5: Asian banks offload dollar reserves, OPEC+ to increase oil supply | Explained News
Trump trade policy 2025: There seems to be nary a dull moment in tracing the onslaught of the US president’s tariff announcements, and the snowballing effect worldwide.Over the weekend, China, the recipient of 145% in US tariffs, signalled its willingness to embark on talks with the US, provided the US walked back these punitive measures. This was picked up by Asian markets, which have seen their currencies hit record highs against the USD. Decline in the dollar boosting the ‘Sell America’ wave The dollar’s decline continued over the weekend, as...
Dow futures down 225 points after best run in 20 years; Brent slides below $60
US Stock Market Live: Futures on Wall Street have opened with a tinge of caution on Sunday evening US time after benchmark indices registered their longest winning streak in 20 years last week, recovering all the losses made from US President Donald Trump's tariff war in the process. The Dow futures are currently down 125 points, while those on the S&P 500 and Nasdaq are down 25 points and 90 points respectively. Watch this space for all the live updates.US Stock Market Live: Futures on Wall Street have opened with...
Dow futures fall after longest winning streak in 20 years; Brent crude sinks below $60
US Stock Market Live: Futures on Wall Street have opened with a tinge of caution on Sunday evening US time after benchmark indices registered their longest winning streak in 20 years last week, recovering all the losses made from US President Donald Trump's tariff war in the process. The Dow futures are currently down 125 points, while those on the S&P 500 and Nasdaq are down 25 points and 90 points respectively. Watch this space for all the live updates.US Stock Market Live: Futures on Wall Street have opened with...