Economy
Strait of Hormuz closure likely temporary, Fitch says
Agency expects limited oil price impact due to market oversupply and brief disruption period
Strait of Hormuz closure likely temporary, Fitch says
Agency expects limited oil price impact due to market oversupply and brief disruption period
After halting LNG production, QatarEnergy declares force majeure to affected buyers
State-owned energy giant says it informed affected buyers after suspending LNG and related product output, pledging to provide further updates as situation develops
Global debt markets remained resilient in 2025 despite record borrowing: OECD
Governments, companies shifting toward shorter-term bonds to offset higher long-term interest rates, raising refinancing risks, OECD says
Chinese shipping giant Cosco suspends Gulf shipping bookings amid Hormuz blockade
Firm halts new cargo bookings through Strait of Hormuz, citing rising Middle East conflict and maritime traffic restrictions
Diesel prices in Germany top $2.33 per liter amid Hormuz Strait blockade
Iran war, concerns over potential supply disruptions through Strait of Hormuz push diesel prices in Germany above €2 per liter, with gasoline also climbing sharply
UAE stocks tumble as markets reopen after Iranian strikes
Dubai and Abu Dhabi indexes fall sharply after 2-day closure, with regional tensions, damage from Iranian drone and missile attacks weighing on investor sentiment
