Gold is different. It emanates no cashflows. Its smattering of real-world uses, in jewellery-making or electronics, hardly justifies its hefty presence in many portfolios. The best reason to hold gold …
Indonesia to limit fuel sales to counter Iran war impact
JAKARTA, March 31 (Reuters) – Indonesia will implement several measures from April 1 to counter soaring energy prices and supply disruptions linked to the U.S.-Israeli war on Iran, the government said …
China, Pakistan call for Iran peace talks, normal navigation in Strait of Hormuz
March 31 (Reuters) – China and Pakistan on Tuesday called for an immediate ceasefire in the Gulf and the wider Middle East, urging the swift launch of peace talks and the restoration of normal …
Japan and Indonesia to boost energy security cooperation as concerns grow over Iran war fallout
Japan and Indonesia have agreed to deepen economic ties and work together on energy security as the two Asian countries face growing uncertainty over oil and gas supplies …
India diesel exports to SE Asia hit 7-year high in March due to Iran war, data shows
By Trixie Yap SINGAPORE, March 31 (Reuters) – India’s diesel exports to Southeast Asia surged to the highest in more than seven years in March, shipping data showed, as traders pivoted supply to cover …
Goldman says that China will emerge from the Iran war with a leg up on the US
China is better positioned than the US to withstand the oil shocks during the war in Iran, Goldman Sachs says.
Vessels Seized by the U.S. Carried 20 Million Barrels of Iranian Crude to China
Nine vessels seized by the U.S. since it began taking direct action against the so-called shadow fleet that transport illicit oil around the world have delivered more than 20 million barrels of …
US is confronting Russia, China where necessary over Iran, says
WASHINGTON, March 31 (Reuters) – The United States is well aware of what China and Russia are doing to help Iran and are confronting those efforts where necessary, U.S. Defense Secretary Pete Hegseth …
Oil prices hold above $100 and Wall Street rebounds as US exchanges strikes with Iran
Wall Street rebounded in premarket trading Tuesday and oil prices held above $100 as the U.S. and Iran exchanged military strikes in the fifth week of the war. U.S. strikes hit a city Tuesday that’s …
Bangladesh the first casualty as energy crisis spreads globally
Bangladesh could become the first foreign casualty of Donald Trump’s war in Iran as it faces running out of oil and gas within weeks.