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In light of escalating tensions with the US, Cuban President Diaz-Canel vows the nation is prepared for potential conflict.
The International Energy Agency warns Europe may face jet fuel shortages in six weeks due to the ongoing Iran war, risking increased flight cancellations.
US Navy enforces a blockade in the Strait of Hormuz amidst escalating tensions, impacting global oil supply and shipping routes.
IMF cuts global growth forecast amid Iran conflict, warns of potential recession due to rising energy prices and market disruptions.
Wholesale prices in the US saw a significant increase of 4% as energy costs surged due to the ongoing war in Iran.
Oil prices surge past $100 following U.S. President Trump's announcement of a blockade on Iran, raising concerns over global energy supplies.
US inflation surges to 3.3% in March, largely driven by rising energy costs amid the Iran conflict.
Oil prices rise amid US-Iran ceasefire uncertainty and attacks on Saudi oil facilities disrupting global supply.
OPEC+ agrees to a symbolic increase in oil output as conflicts disrupt global supply, with prices nearing all-time highs.
Pakistan raises fuel prices severely, prompting government measures like free public transport to alleviate economic distress.
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