Tag: oil market disruption

US Fed chief says energy shock manageable for now but warns inflation risks could grow

US Fed chief says energy shock manageable for now but warns inflation risks could grow

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The head of the US central bank, Jerome Powell, said the economic impact of the recent surge in energy prices appears manageable for now. However, he cautioned that the situation could become more serious if people and businesses begin to expect inflation to stay high for a longer period. Speaking during an event at Harvard […]

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Iran Mourns Ali Larijani as Conflict Deepens, Missiles Strike Israel and Region Braces for Escalation

Iran Mourns Ali Larijani as Conflict Deepens, Missiles Strike Israel and Region Braces for Escalation

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Iran is preparing to lay to rest one of its most powerful security figures, Ali Larijani, as tensions across the Middle East continue to spiral. The funeral, set to take place in Tehran, comes just hours after Iran launched a wave of missile strikes targeting Israel, marking a sharp escalation in an already volatile conflict. […]

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