Keywords: Iran


Gold holds near record as oil slips on US Iran talks hopes

Gold prices hovered near record highs as easing tensions between the United States and Iran reduced demand for safe-haven assets, while oil prices edged lower on expectations that renewed diplomacy could prevent a broader supply crisis. Spot gold traded around 4,850 dollars per ounce early Wednesday,......

Oil dips as Iran war accelerates global shift to renewables

The war in Iran, now in its seventh week, has disrupted roughly 20 percent of global oil supply passing through the Strait of Hormuz and pushed energy prices to levels not seen since 2022. Yet the crisis is also accelerating a structural shift toward renewable energy, with analysts saying the transition......

Trump attacks UK energy policy over North Sea drilling ban

Donald Trump sharply criticized the United Kingdom’s energy strategy, urging the government to expand oil production in the North Sea and calling its restrictions on new exploration “absolutely crazy.” In a post on Truth Social, Trump argued that Europe faces an energy shortage while......

Germany solar surge cuts gas demand amid Iran war shock

Germany’s solar power output is set to rise sharply this summer, reducing reliance on natural gas as energy markets face disruption from the war in Iran. Data from BloombergNEF shows solar generation in Europe’s largest electricity market will average about 16.5 gigawatts between April and......

Iran war accelerates global shift toward China-led energy future

The war in Iran and disruptions to oil and gas flows through the Strait of Hormuz are reshaping global energy markets, with China positioned to benefit most. In a Substack post published on April 13, Paul Krugman warned that rising geopolitical tensions are pushing energy-dependent economies away from......

Macron urges renewed US Iran talks as Hormuz tensions rise

French President Emmanuel Macron said he has urged US President Donald Trump and Iranian President Masoud Pezeshkian to resume negotiations after ceasefire talks in Islamabad ended without agreement. He said he spoke separately with both leaders and called for renewed dialogue, reduced tensions, and......

Us imposes naval blockade on iran ports as talks stall

The United States began enforcing a sweeping naval blockade on all maritime traffic to and from Iranian ports on Monday, marking a sharp escalation as Washington and Tehran weigh a return to negotiations ahead of a fragile ceasefire deadline on April 21. The US Central Command said the blockade took......

Oil shock widens inflation gap between emerging and developed markets

The oil shock from six weeks of U.S.-Iran war drives consumer prices higher in advanced economies, while much of the developing world stays sheltered, widening inflation divergence and reshaping global bond outlooks. Heading into 2026, emerging market inflation stabilized near central bank targets, backed......

China's Q1 GDP growth forecast to rebound to 4.8% despite Iran war risks

China's economy gained momentum in the first quarter of 2026, but economists warn the ongoing Iran war could drag growth for the rest of the year as energy costs rise and global demand weakens. A Reuters poll of 50 economists published Monday projects gross domestic product expanded 4.8 percent year-on-year......