Economy

UK Chancellor of the Exchequer Rachel Reeves addresses delegates during the Labour Party Conference 2025 at the ACC Liverpool Convention Centre in Liverpool, United Kingdom, on September 29, 2025
There are growing signs of panic in Europe and North America, as the blockade on the Strait of Hormuz continues, sparking fears of inflation
A picture shows buildings at the new meg
Egypt’s Talaat Moustafa Group partners with National Bank of Egypt on a major mixed-use city development near Cairo.
The seal for the International Monetary Fund is seen near the World Bank headquarters (R) in Washington, DC on January 10, 2022
Lebanon's finance minister said his government had good meetings this week with the IMF and remained committed to working toward a lending programme.
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IMF economists warned that the war in Iran could have "very, certainly severe" consequences far outside the region - especially for energy-importing nations
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France's finance minister has said the Strait of Hormuz needs to open and that G7 leaders stand ready to mitigate the Iran war's economic fallout.
Currency from Israel and America. shekel and dollar
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.
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International Monetary Fund warns Middle East war raises inflation risks, tightening markets and straining private credit and AI borrowers.
A view of the vessels heading towards the Strait of Hormuz following the two-week temporary ceasefire reached between the United States and Iran on the condition that the strait be reopened
Birol said the IEA had already released some 400 million barrels of oil from its reserves and was prepared to take further action
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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
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The US has continued to release oil from its Strategic Petroleum Reserve as loans in a bid to stabilise global markets.