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Supply Crisis Accelerates the Pace of Transition Away from Oil

The International Renewable Energy Agency (IRENA) published a report intersecting with the IMF's vision, confirming that continuous threats to navigation in the Strait of Hormuz act as a strong cataly...

Future Scenarios: What if the Strait Crisis Worsens?

Standard & Poor's economists developed future scenarios based on recent IMF data. In the worst-case scenario, if Middle East events lead to a total closure of the Strait of Hormuz, oil prices could to...

Monetary Policies in a Dilemma Between Curbing Inflation and Supporting Slowing Growth

According to Fitch Ratings, central banks face a real dilemma due to the fallout from the Middle East crisis. With oil prices igniting due to the Strait of Hormuz crisis, banks find themselves forced...

Major Investment Funds Redirect Their Compass Towards Gold and Green Tech

The Wall Street Journal observed a strategic shift in the behavior of major global investment funds in response to IMF warnings. These funds have begun lightening their portfolios of fossil fuel-depen...

How are Gulf and Iraqi Economies Affected by Regional Complexities?

An analytical report by CNBC Arabia, based on IMF figures, stated that oil-exporting countries in the Middle East are experiencing an economic paradox. On one hand, their budgets benefit from high oil...

Global Inflation Returns to the Forefront Driven by Shipping and Energy Costs

The World Bank expressed deep concern in its economic bulletin over a new inflationary wave hitting global markets. The report explained that shipping companies' reluctance to transit the Strait of Ho...

EV Sales Boom Feeds on Oil Crises

The International Energy Agency (IEA) revealed in a recent study that Middle East tensions and Strait of Hormuz disruptions have had an unintended positive impact on the electric vehicle sector. With...

Gold Shines as a Safe Haven Amid the Regional Geopolitical Storm

In connection with the Middle East crisis, gold prices have recorded historic highs, surpassing the $2,400 per ounce barrier. Financial Times reports explained that this skyrocketing rise came as a di...

IMF Spring Meetings Discuss Energy Crisis in Iraq

The spring meetings of the International Monetary Fund and the World Bank commenced in Washington with the participation of a high-level Iraqi delegation. Discussions focused on the repercussions of t...

Failure of Peace Negotiations Between Washington and Tehran in Islamabad

US Vice President JD Vance announced the failure of the latest round of talks with the Iranian delegation in the Pakistani capital. Vance indicated that Tehran rejected US conditions regarding the ope...

Washington Announces Commencement of Comprehensive Naval Blockade on Iranian Ports

The US Central Command (CENTCOM) has announced the implementation of a comprehensive naval blockade on all Iranian ports starting today, Monday, April 13. This escalation follows the failure of the Is...

Resumption of Commercial Activity by Giant Chinese Shipping Company Towards Iraqi Ports

One of the most prominent maritime shipping companies in China has decided to reactivate its bookings and direct its commercial maritime operations once again towards Iraqi ports such as Umm Qasr, alo...