Topic
middle-east-disruptions
2 stories related to this topic, newest first.
Bloombergfinance54 days ago
Australia's Inflation Stays Above RBA Target Amid Middle East Fuel Disruptions
Australia's inflation stayed above the Reserve Bank's 2-3% target band. Higher fuel costs from Middle East supply disruptions compounded existing price pressures. This keeps policymakers on a path toward tightening measures.
insurancejournal.comworld57 days ago
U.S. Ships 910,000 Barrels of Texas Crude to Japan via Panama Canal
Japan typically imports 90% of its oil from the Middle East, but disruptions attributed to Iran prompted an alternative shipment. The U.S. sent 910,000 barrels of Texas crude by sea, routing around the Panama Canal to avoid the Strait of Hormuz. This move bypasses a key chokepoin…
MA