The U.S., Canada and Mexico are jointly hosting the 2026 FIFA World Cup, but IMF data shows a wide gap in GDP per capita across the three economies.
All posts in Middle East
Why UAE leaving OPEC matters, in 2 charts
OPEC is no stranger to exits. But UAE’s exit could mean a fundamental geopolitical shift in the Middle East (and the oil markets).
U.S. inflation rises as oil prices surge: energy costs drive the March CPI spike
Rising oil prices are now feeding into U.S. inflation, with energy costs driving a sharp increase in headline CPI for March. As crude climbs above $100 per barrel amid Iran war tensions, the divergence between headline and core inflation is complicating the Federal Reserve’s path on interest rates.
How the Iran war is driving up food prices through fertilizer supply disruptions
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.