News & Updates

Foreign

Oil prices rise after Trump rejects Iran truce proposal

Oil prices climbed after US President Donald Trump rejected Iran’s seven-day truce proposal, renewing concerns over supplies through the Strait of Hormuz.

Foreign

Middle East War Causes “Big Shock” To Global Economy — BoE

The Bank of England (BoE) has warned that the intensifying conflict in the Middle East has triggered a "significant shock" to the global economy. In a newly released report, the central bank highlighted soaring energy prices and disrupted supply chains as major threats to international financial stability.