Global growth to continue at steady pace if oil price shock short-lived: Fitch

Mar 15, 2026

Global economic growth should be steady this year provided the current oil price shock is not prolonged, Fitch Ratings said in its latest March...

Global commodity markets brace for potential 'Dual Shock' from Middle East conflict: World Bank

Oct 31, 2023

While the global economy is in a more resilient state than in the 1970s to manage a significant oil price shock, the compounding impacts...

Govt kept fuel price hike minimal to protect citizens amid global oil shock, say dealers

May 15, 2026

Petroleum dealers have welcomed the government's decision to keep the fuel price hike limited to Rs 3 per litre despite rising global crude oil...

Global banking recovery will stretch to 2023 and beyond: S&P

Sep 24, 2020

Melbourne [Australia], September 24 : COVID-19 and the oil price shock of 2020 are taking a heavy toll on global banks, S&P Global Ratings...

Oil price shock to widen current account deficit, push inflation higher as US-Iran war continues, says economist Santosh Mehrotra

May 16, 2026

With no sign of the US-Iran war ending and global oil prices likely to reach record highs within a quarter, Santosh Mehrotra, former Economic...

Commodity prices outlook would darken quickly if conflict in Middle East escalates: World Bank Report

Oct 30, 2023

The global economy is in a much better position than it was in the 1970s to cope with a major oil-price shock but an...