GLOBAL ECONOMY NEWS

Governments in 39 economies are cutting energy taxes to offset rising fuel prices, raising concerns about inflation, fiscal deficits, and long-term policy risks.

China has lowered gasoline and diesel price caps for the first time since the Iran war began, signaling temporary relief from oil-price shock but renewed questions over inflation, energy security, and Asia’s economic exposure.

Rising tensions in the Strait of Hormuz are pushing oil prices higher and reshaping global inflation and policy outlooks. Here’s what it means for the world economy.

Attacks on Saudi energy infrastructure have cut oil output and pipeline flows, raising inflation and policy risks across Asia’s oil-importing economies.

A new survey shows central banks now see geopolitics as the biggest global risk, reshaping reserve management, dollar sentiment, gold demand, and FX intervention strategy.

The IEA says the current oil and gas crisis is worse than the shocks of 1973, 1979 and 2022 combined. Here is how the Hormuz disruption is feeding inflation, slowing growth and rattling global markets.

OPEC+ raised oil output for May, but the move looks largely symbolic as Hormuz disruption, damaged energy infrastructure, and wartime logistics keep global supply tight.