Middle East
More Iran war? There goes the neighborhood, and global economy.
US energy exporters might benefit from higher global oil prices, but American consumers do not and they, along the rest of the world, are paying.
May 26, 2026
US energy exporters might benefit from higher global oil prices, but American consumers do not and they, along the rest of the world, are paying.
The Iran war is certainly exposing a lot of long festering wounds, with this rupture certainly stunning Wall Street today
At this week's IMF meetings, world leaders warned of the long-term impacts of the past six weeks of war
This includes the Indian subcontinent, China, Japan, the Koreas, and all the members of the Association of Southeast Asian Nations, or ASEAN
Even sober analysts now fear that petrol costs could reach $200 per barrel
