A global recession is ‘almost inevitable’ if the war on Iran should drag on, a leading Irish economist has warned. Like the cost-of-living spike caused by Russia’s invasion of Ukraine in 2022, soaring ...

WHILE most people assume the economic consequences from the military conflict in Iran will be much less severe, and believe ...

Keeping inflation under control becomes a critical task for central banks.

Concerns about rampant AI expenditure and weakening private credit markets have been coupled with surging oil prices ...

As the war with Iran continues, some economists and business leaders are concerned it could kick-start a recession. Iran has been targeting sites with economic repercussions across the Middle East: ...

Economists predict RBA will raise interest rates this week and in May – days before treasurer unveils budget ...

Oil prices surged 20% as the Iran war and Strait of Hormuz closure sparked a global "risk-off" move. Brent may hit $150, ...

There is no short-term fix for the quagmire in Iran and high oil prices. Add uncertainty about jobs and inflation and there ...

Surprise lack of growth in January as service sector stagnated, with falls in recruitment activity ...

Economists warn that the war has increased the risk of a recession. And the longer the crisis lasts, the greater the danger to an economy that already looked vulnerable before the chaos in the Middle ...

Iran conflict drives oil toward $100. Here are 3 market indicators: credit spreads, financial conditions and recession odds, ...

Commodity Context’s Rory Johnston says markets are likely looking at a price hike of $2 to $3 a barrel per day everyday until the strait of Hormuz is open but warns a jump of 10 to $15 a barrel ...