Topic
stagflation
2 stories related to this topic, newest first.
en.antaranews.comfinance55 days agoUpdated
Oil Prices Rise as U.S.-Iran Talks Stall; Stocks Reach Records
Oil prices rose sharply with Brent crude reaching $109.5 per barrel and U.S. crude at $97.5, driven by stalled peace talks between the U.S. and Iran. Stock markets advanced to new highs, overlooking stagflation concerns and geopolitical tensions. Additional developments include C…
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citizen.co.zafinance57 days agoUpdated
Economic Risks of Prolonged Strait of Hormuz Closure
Financial and energy experts have warned that a prolonged closure of the Strait of Hormuz could lead to global recession and stagflation. Oil inventories are depleting rapidly, potentially reaching record lows even if the strait reopens soon. A major oil services company indicate…
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