Shekel hits 30-year high vs dollar as Israel’s resilient economy and growth outlook boost currency despite risks from war with Iran and rising defence spending.
International Monetary Fund warns Middle East war raises inflation risks, tightening markets and straining private credit and AI borrowers.
Birol said the IEA had already released some 400 million barrels of oil from its reserves and was prepared to take further action
Heathrow Airport has announced a 10 percent increase in transit passengers during March as the US-Iran war forced Gulf countries to close their airspace
The US has continued to release oil from its Strategic Petroleum Reserve as loans in a bid to stabilise global markets.
Currency markets hold steady as fragile US-Iran truce and Israel-Hezbollah tensions keep investors cautious, weighing on the yen.
Five teenagers go on trial in Sweden over alleged plot to kill Iranian dissident researcher, with claims of links to organised crime networks.
Airlines face months of disruption despite Iran ceasefire, with jet fuel supplies slow to recover and refinery damage impacting costs.
Oil and gas prices plunge while global stocks surge after US-Iran ceasefire reopens Strait of Hormuz, easing fears over supply disruptions.
The Fund is expected to release a range of scenarios in its upcoming World Economic Outlook due on 14 April