World economy – Page 3

U.S. gas prices jump above $4 , highest since 2022 as Iran conflict pushes oil higher

March 31, 2026April 8, 2026Deena ZaidiGraphs, 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.

Fed holds rates, warns inflation still above target as cuts remain cautious

March 18, 2026April 25, 2026Deena ZaidiBanking 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.

Shipping traffic in the Strait of Hormuz plunges to historic lows as oil prices hit a 19-month high

March 8, 2026March 10, 2026Deena ZaidiAsia-Pacific, Europe, Graphs, Graphs, India, Markets, Middle East, Trade and tariffs, United States of America, World Economy, World economy, World trade

Ship traffic through the Strait of Hormuz is falling sharply as vessels avoid the Gulf following U.S.–Israel strikes on Iran, pushing oil prices to a 19-month high on fears of supply disruptions.

Governments and energy companies move quickly to shield global oil supplies

March 3, 2026March 10, 2026Deena ZaidiChina, Graphs, Japan, Markets, Middle East, United States of America, World Economy, World economy

Governments and energy producers are racing to protect global oil flows as risks rise around the Strait of Hormuz.

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