Oil and gas might not be the only commodities vulnerable to the disruptions in the Strait of Hormuz. Fertilizers are at particular risk, as their supplies get choked at the strait, a critical shipping corridor for a third of the world’s fertilizer shipments.
All posts by Deena Zaidi
U.S. gas prices jump above $4 , highest since 2022 as Iran conflict pushes oil higher
Posted on Author Deena ZaidiPosted in Graphs, Graphs, Inflation, Markets, Middle East, Politics & Policy, Trade and tariffs, United States of America, World Economy, World economy, World trade
The U.S. is a net oil exporter but that does not shield it from global economic shocks.
Surging gas prices could push U.S. drivers toward EVs
Rising gas prices may push consumers toward EVs—but whether they switch depends on where they live.
Fed holds rates, warns inflation still above target as cuts remain cautious
Posted on Author Deena ZaidiPosted in Banking and Finance, Basel- a base for Bank's international settlement, Basics of Basel, Inflation, Investment, United States of America, World Economy, World economy
The Federal Reserve’s latest projections show steady economic growth, persistent inflation above 2% and a slower path to interest rate cuts.