Inflation News & Economic Analysis

Australia expands strategic fuel reserves amid global oil market instability

Australia’s Budget Marks a Sharp Turn Away From the Old Economic Consensus

Australia’s government on Tuesday unveiled one of the most consequential economic overhauls in decades, using its annual budget to redraw long-standing property investment tax incentives, expand strategic fuel reserves and curb welfare

May 13, 2026

Business·Economy

US gasoline prices surge as Iran war drives inflation and energy costs higher across America

US Inflation Soars to 3.8%, Iran Conflict Sparks Oil and Gas Crisis

The economic consequences of the war involving Iran are now hitting American households with renewed force, as soaring gasoline prices, rising grocery costs, and sharply higher airline fares pushed US inflation to

May 13, 2026

Conflicts, Military and War·News

The Pentagon as US military operations against Iran approach $29 billion in costs

Pentagon Reveals US War Against Iran Has Already Cost Nearly $29 Billion

The Pentagon has admitted that the US military campaign against Iran has already cost nearly $29 billion, exposing the rapidly expanding financial burden of Washington’s escalating confrontation with Tehran and intensifying scrutiny

May 13, 2026

Conflicts, Military and War·News

Rosatom CEO meets Indonesian President Prabowo Subianto to discuss nuclear energy cooperation and floating reactor technology

Rosatom Expands Indonesia Nuclear Push Prabowo Explores Floating Reactors, Atomic Energy Partnership

Russian state nuclear corporation Rosatom has intensified its strategic engagement with Indonesia after CEO Alexey Likhachev held high-level talks with Indonesian President Prabowo Subianto in Jakarta on Tuesday, focusing on expanding cooperation

May 12, 2026

Business·Economy·News

Oil tankers crossing the Strait of Hormuz amid rising global tensions

BRICS Finance Ministers Brace for Hormuz Fallout, Energy and Food Prices Surge

The world’s leading emerging economies are preparing for a critical round of financial discussions in Moscow this week as escalating tensions around the Strait of Hormuz threaten to deepen instability across energy,

May 12, 2026

News

Russian Deputy Prime Minister Alexander Novak warns of falling oil prices amid Middle East conflict and global economic slowdown

Moscow Sees Global Economic Pain Ahead, Oil Prices Face Sharp Reversal

Russia has issued one of its starkest warnings yet about the future of global energy markets, cautioning that the current war-driven oil rally may eventually trigger a deeper economic slowdown capable of

May 12, 2026

News

US gas prices rise above $4.50 as Iran conflict disrupts Strait of Hormuz oil supply and Trump considers gas tax suspension

Trump Moves to Suspend Federal Gas Tax, Iran Conflict Sends US Fuel Prices Soaring

President Donald Trump said Monday that his administration will move to temporarily suspend the federal gasoline tax as American consumers face rapidly rising fuel prices triggered by the escalating conflict surrounding Iran

May 12, 2026

Conflicts, Military and War·Government and Politics·News

Oil tankers stranded near the Strait of Hormuz during global energy crisis caused by supply disruption

Saudi Aramco Warns 880 Million Barrels of Oil Lost Forever, Strait of Hormuz Crisis Shakes Global Markets

Saudi Aramco has issued one of the starkest warnings yet about the state of the global energy market, declaring that nearly 880 million barrels of liquid hydrocarbons have effectively vanished from global

May 12, 2026

Business·Economy·News

CSL shares plunge as ASX 200 falls amid Iran oil tensions and global market volatility

ASX Slides After CSL Meltdown, Rising Oil Prices Shake Investor Confidence

Australia’s stock market slid sharply on Monday after biotech heavyweight CSL plunged in one of the most dramatic collapses in modern ASX history, wiping nearly A$10 billion from its market value and

May 11, 2026

Business·Economy

Israeli Prime Minister Benjamin Netanyahu arriving at Tel Aviv District Court during corruption trial proceedings

Netanyahu’s Corruption Trial Reaches Critical Turning Point, Final Phase of Testimony Nears End

Prime Minister Benjamin Netanyahu appeared in a Tel Aviv courtroom on Monday as the testimony phase of his long-running corruption proceedings approached a decisive milestone, marking another dramatic chapter in a political

May 11, 2026

Government and Politics·News

Inflation- Page 17

Australia’s Budget Marks a Sharp Turn Away From the Old Economic Consensus

US Inflation Soars to 3.8%, Iran Conflict Sparks Oil and Gas Crisis

Pentagon Reveals US War Against Iran Has Already Cost Nearly $29 Billion

Rosatom Expands Indonesia Nuclear Push Prabowo Explores Floating Reactors, Atomic Energy Partnership

BRICS Finance Ministers Brace for Hormuz Fallout, Energy and Food Prices Surge

Moscow Sees Global Economic Pain Ahead, Oil Prices Face Sharp Reversal

Trump Moves to Suspend Federal Gas Tax, Iran Conflict Sends US Fuel Prices Soaring

Saudi Aramco Warns 880 Million Barrels of Oil Lost Forever, Strait of Hormuz Crisis Shakes Global Markets

ASX Slides After CSL Meltdown, Rising Oil Prices Shake Investor Confidence

Netanyahu’s Corruption Trial Reaches Critical Turning Point, Final Phase of Testimony Nears End

Radical Islam is being appreciated by Indian authorities too

Bangladesh; India’s Biggest Ally or China’s Dragon Nest?

Ahmadis in Bangladesh face fresh threat of persecution

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