oil shock News

Latest Articles

• World Bank Forecasts Massive Energy Price Surge as Middle East Conflict Destabilizes Global Markets

  Published: Apr 28, 2026

  Section: Africa

  The World Bank’s latest Commodity Markets Outlook report warns that energy prices will surge 24% this year, marking the most significant shock since 2022. Driven by conflict-relate...

• War-Driven Energy Shocks Invalidate Classic Investment Strategies and "Safe Haven" Norms

  Published: Apr 16, 2026

  Section: Business & Economy

  The six-week conflict in the Middle East has dismantled traditional market "rules," proving that Treasury bonds, gold, and the U.S. dollar no longer provide guaranteed diversificat...

• China Exceeds First Quarter Growth Forecasts as Intensifying Iran Conflict Threatens Energy Security

  Published: Apr 16, 2026

  Section: Global Economy

  China’s economy expanded by five percent in the first quarter of 2026, surpassing analyst expectations of 4.8 percent despite mounting global tensions. However, government official...

• Australian Treasury Conducts Crisis Simulations as Middle East Conflict Increases Risks of Global Economic Recession

  Published: Apr 1, 2026

  Section: Australia & Oceania

  The Australian Treasury has begun "war gaming" various economic scenarios to prepare for prolonged turmoil resulting from the conflict in the Middle East. Treasurer Jim Chalmers co...

• Brazil’s Fifty-Year Biofuel Strategy Shields Economy From Global Energy Crisis as Iran Conflict Blocks Strait of Hormuz

  Published: Apr 1, 2026

  Section: Americas

  While American and British consumers face fuel price surges of up to 30%, Brazil has mitigated the impact of the Iran oil shock to a mere 5% increase. This stability is the result...

• Austria Implements Emergency Fuel Tax Cuts and Margin Caps to Counter Oil Shock

  Published: Mar 18, 2026

  Section: Global Economy

  The Austrian ruling coalition announced on Wednesday a series of aggressive market interventions designed to protect consumers from soaring energy costs. The measures include a nat...

• Energy supply disruptions and rising costs threaten South Korean economic recovery

  Published: Mar 4, 2026

  Section: Iran War

  South Korean industries are bracing for a significant economic downturn as the conflict in the Middle East threatens to disrupt vital energy arteries and maritime supply chains. An...