World economy

Asia’s Russian fuel imports poised to hit record high after U.S. sanctions waiver

Asia’s Russian fuel imports poised to hit record high after U.S. sanctions waiver

By Axel Miller | 19 Mar 2026

Asia is set to import over 3 million tonnes of Russian fuel oil in March 2026 after a U.S. waiver allows stranded cargoes at sea to reach ports, providing temporary relief to high-sulphur fuel oil markets.

India reviews shipping insurance risks as West Asia tensions raise costs

India reviews shipping insurance risks as West Asia tensions raise costs

By Axel Miller | 19 Mar 2026

India is monitoring rising war-risk insurance premiums on oil and LNG shipments via the Strait of Hormuz. No supply disruption reported so far.

Inflation concerns rise as oil prices firm, but long-term outlook remains anchored

Inflation concerns rise as oil prices firm, but long-term outlook remains anchored

By Axel Miller | 18 Mar 2026

Rising oil prices are pushing up short-term inflation expectations, though markets expect central banks to keep long-term inflation under control.

Oil shock drives surge in rupee options trading as bearish bets rise

Oil shock drives surge in rupee options trading as bearish bets rise

By Cygnus | 17 Mar 2026

Rupee options trading volumes double as oil price volatility from the Iran war triggers a surge in bearish bets on the Indian currency.

Living in the “New Gulf”: how conflict is reshaping cities and infrastructure

Living in the “New Gulf”: how conflict is reshaping cities and infrastructure

By Cygnus | 16 Mar 2026

Gulf states are redesigning infrastructure, air defenses and aviation networks as regional tensions reshape urban resilience strategies.

Dubai Airport reopens gradually after drone attack ignites fuel blaze

Dubai Airport reopens gradually after drone attack ignites fuel blaze

By Cygnus | 16 Mar 2026

Dubai International Airport (DXB) resumes operations following a drone-induced fuel tank blaze. Learn about flight diversions, cancellations, and the impact on global aviation.

Global carmakers face $70 billion setback as EV strategies shift

Global carmakers face $70 billion setback as EV strategies shift

By Cygnus | 13 Mar 2026

Global automakers book over $70 billion in writedowns as EV strategies shift toward hybrids.

US, IEA announce record oil release to steady markets

US, IEA announce record oil release to steady markets

By Cygnus | 13 Mar 2026

US and IEA launch a record oil reserve release to stabilise markets amid supply disruptions near the Strait of Hormuz.

Tankers burn in Iraqi waters as Iran conflict escalates

Tankers burn in Iraqi waters as Iran conflict escalates

By Cygnus | 12 Mar 2026

Tanker fires in Iraqi waters highlight rising risks to global energy flows amid escalating Iran tensions.

US praises India’s role in oil market stability amid tensions

US praises India’s role in oil market stability amid tensions

By Cygnus | 11 Mar 2026

US officials call India a “great partner” in stabilising oil markets as tensions disrupt global supply routes.

Iranian crude continues flowing to China amid Strait tensions

Iranian crude continues flowing to China amid Strait tensions

By Cygnus | 11 Mar 2026

Iran maintains crude shipments to China despite rising risks in the Strait of Hormuz, according to tanker data.

U.S. energy secretary deletes post about Navy escort in Strait of Hormuz

U.S. energy secretary deletes post about Navy escort in Strait of Hormuz

By Cygnus | 11 Mar 2026

Jennifer Granholm deletes post about U.S. Navy escort in Hormuz as tensions rise and officials avoid confirming details.

Why Reliance’s Jamnagar expertise is central to U.S. refining plans

Why Reliance’s Jamnagar expertise is central to U.S. refining plans

By Cygnus | 11 Mar 2026

Reliance’s Jamnagar complex leads the world in refining complexity, offering flexibility as global oil markets face volatility.

The new Silk Road is a fiber-optic cable: The rise of digital fortresses

The new Silk Road is a fiber-optic cable: The rise of digital fortresses

By Axel Miller | 10 Mar 2026

As geopolitical tensions reshape technology, countries are building sovereign clouds and fortified data centers. Explore the rise of digital fortresses in 2026.

Oil sinks 7% as Trump predicts Middle East de-escalation

Oil sinks 7% as Trump predicts Middle East de-escalation

By Cygnus | 10 Mar 2026

Oil prices drop sharply as Trump signals possible Middle East de-escalation, easing fears of supply disruption.

Energy crisis fears grow as U.S. urges India to buy Russian oil; G7 weighs reserve release

Energy crisis fears grow as U.S. urges India to buy Russian oil; G7 weighs reserve release

By Axel Miller | 09 Mar 2026

Oil prices rise amid geopolitical tensions as the U.S. urges India to buy Russian crude and G7 officials discuss releasing emergency reserves.

German services sector growth hits four-month high in February

German services sector growth hits four-month high in February

By Cygnus | 04 Mar 2026

Germany’s services sector saw accelerated growth in February 2026, driven by exports, though job cuts reached a post-pandemic high.

Gulf businesses face sweeping disruption as Iranian strikes rattle regional hubs

Gulf businesses face sweeping disruption as Iranian strikes rattle regional hubs

By Axel Miller | 02 Mar 2026

Iranian strikes across the Gulf disrupted airports, ports and markets, dealing the region’s biggest business shock since the pandemic and raising risks for trade and tourism.

AI productivity surge unlikely to solve debt crisis for major economies

AI productivity surge unlikely to solve debt crisis for major economies

By Cygnus | 27 Feb 2026

Economists say AI-driven productivity gains may help growth but won’t solve rising public debt driven by aging populations and higher interest costs.

ECB’s Lagarde says AI is boosting productivity with no signs of mass layoffs

ECB’s Lagarde says AI is boosting productivity with no signs of mass layoffs

By Cygnus | 26 Feb 2026

ECB President Christine Lagarde says AI is improving productivity in the euro zone without triggering widespread job losses.

EU warns U.S. against tariff hikes after court ruling, says trade pact must be honored

EU warns U.S. against tariff hikes after court ruling, says trade pact must be honored

By Axel Miller | 23 Feb 2026

The EU warned the U.S. against raising tariffs after a court ruling, urging Washington to honor the transatlantic trade agreement and provide clarity.

Ukraine-Russia peace talks enter second day in Geneva amid pressure concerns

Ukraine-Russia peace talks enter second day in Geneva amid pressure concerns

By Cygnus | 18 Feb 2026

Ukraine and Russia hold a second day of peace talks in Geneva, with Kyiv voicing concerns over pressure while U.S. officials push for continued negotiations.

Redmond’s global reach: Microsoft on pace for $50 billion AI investment in the Global South

Redmond’s global reach: Microsoft on pace for $50 billion AI investment in the Global South

By Cygnus | 18 Feb 2026

Microsoft says it remains on pace to invest $50 billion in AI infrastructure and skills across emerging markets, with India playing a central role.

China opens market to 53 African nations in zero-tariff pivot

China opens market to 53 African nations in zero-tariff pivot

By Cygnus | 16 Feb 2026

China will grant zero-tariff access to 53 African nations from May 2026, reshaping global trade ties and deepening economic links across the Global South.

US pauses select China tech curbs amid trade thaw ahead of Trump-Xi meeting

US pauses select China tech curbs amid trade thaw ahead of Trump-Xi meeting

By Axel Miller | 12 Feb 2026

US pauses several proposed tech restrictions on Chinese firms as Washington and Beijing seek to ease tensions ahead of a summit.

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