Goldman Says Iran War Risks Weighing on Rand, Rate Outlook
Prolonged higher oil prices could force the South African central bank to consider raising interest rates as a weaker rand pushes inflation higher than it’s prepared to tolerate.
Prolonged higher oil prices could force the South African central bank to consider raising interest rates as a weaker rand pushes inflation higher than it’s prepared to tolerate.
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Prolonged higher oil prices could force the South African central bank to consider raising interest rates as a weaker rand pushes inflation higher than it’s prepared to tolerate.
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US Defense Secretary Hegseth has said the US is "ramping up" airstrikes. Meanwhile, six service members were confirmed killed in a plane crash in Iraq as the war enters its second week. More on DW. Grouped from 12 articles across 5 sources.
Islamabad has so far presented itself as a "neutral" party in the conflict, condemning the US-Israeli strikes on Iran as well as castigating Tehran for its attacks on Saudi Arabia and other Gulf countries.
Aluminum fell from its highest since 2022, and other metals declined, as mounting concerns over the economic consequences of a prolonged Middle East war dominated sentiment across markets.
The Ukrainian president is in Paris for talks with one of Kyiv's staunchest allies. The meeting comes as the US-Israeli war on Iran has removed pressure on Moscow, and derailed Ukraine peace talks.
A lot of Iranian oil goes to China's so-called "teapot" refineries, which tend to be smaller and owned by independent companies. On this episode of the Odd Lots podcast, Erica Downs, a senior research scholar at…
Whether the Iran war-linked leap in the price of gas will give a shot in the arm to EV sales will depend on a variety of factors, experts say, so the answer isn't clear-cut.