How global trade and oil prices could be hit by Houthi advance
Yemen's Houthis have seized territory near the Bab al-Mandab Strait - a key trade gateway for oil and global shipping.
Yemen's Houthis have seized territory near the Bab al-Mandab Strait - a key trade gateway for oil and global shipping.
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Yemen's Houthis have seized territory near the Bab al-Mandab Strait - a key trade gateway for oil and global shipping.
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The Iran-backed Houthis are also reported to have seized Perim - a strategic island on the major shipping route. Grouped from 23 articles across 10 sources.
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Long-term European government bond yields remain close to multi-decade highs, as inflation and interest-rate concerns keep driving the sell-off. Grouped from 3 articles across 2 sources.
Global interest rate hikes are predicted as oil prices spark inflation fears.
US consumer prices rose 3.4% in the year to August, unchanged from July and exactly in line with expectations, but the monthly increase of 0.4% was the sharpest since May, a sign the energy shock is starting to bite…
The energy agency warned shrinking inventories and strained refineries could further tighten markets. Grouped from 3 articles across 2 sources.