Geopolitics
Cuba faces nationwide blackouts amid US oil blockade
Al Jazeera – News · Middle East
Cuba’s national power grid has collapsed amid an ongoing US-imposed oil blockade, causing blackouts across the country.
Current Affairs
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Domain: Economics: Understanding Economic Systems
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Current affairs articles
Geopolitics
Cuba tells exiles ‘doors are open’ to invest in businesses in the country
Al Jazeera – News · Middle East
Cuba also says it is removing impediments to US businesses and other foreign investors.
Geopolitics
South African fruit exports face delays as Iran war disrupts shipping
Al Jazeera – News · Middle East
South Africa's fruit exporters face mounting losses and disruption as the US-Israel war on Iran enters its fourth week.
Geopolitics
RBA interest rates: Reserve Bank raises official cash rate to 4.1% in blow to mortgage holders
The Guardian – World · Europe
Reserve Bank of Australia’s second consecutive increase lifts cash rate target to where it was in February last yearFollow our Australia news live blog for lat…
Geopolitics
Sri Lanka declares Wednesdays off as Asian countries try to conserve fuel
BBC News – World · Europe
This is the latest in a series of measures undertaken by Asian countries which rely on oil from the Gulf.
Geopolitics
Oil price today: Crude continues to climb amid Hormuz supply crisis; Brent, WTI jump 2%
Times of India – World · India
Middle East conflict intensifies, driving oil prices higher as fears of supply disruptions mount. The Strait of Hormuz remains largely disrupted, impacting pro…
Geopolitics
Strait of Hormuz disruption: War chokes Middle East supply, oil prices spike globally
Times of India – World · India
Global oil prices are soaring due to Middle East conflict. Dubai crude reached an all-time high, becoming the world's most expensive. Supply disruptions are im…
Geopolitics
Trump Officials Look to More Managed Approach to Trade With China
The New York Times – World · US
The administration has begun discussing a new “Board of Trade” with China to try to balance what U.S. officials see as an unequal economic relationship.
Geopolitics
Indian crude hits $137, up 93% since start of conflict
Times of India – World · India
- Atul Mathur is a Senior Assistant Editor at The Times of India with 27+ years in journalism, specializing in governance, public policy, and politics. - He …
Geopolitics
How badly has the Iran war hit the global economy? The tell-tale signs
Al Jazeera – News · Middle East
Oil and gas price hikes due to the war have rattled the global economy.
Geopolitics
US oil prices could see another day of wild fluctuation as Iran war drags on
The Guardian – World · Europe
One analyst predicting that prices at the pump might hit $3.85 per gallon on Monday as war enters third weekSign up for the Breaking News US email to get newsl…
Geopolitics
Sri Lanka brings in four-day week to eke out stocks of oil and gas hit by Iran war
The Guardian – World · Europe
Effective closure of strait of Hormuz also affecting Bangladesh, India and Pakistan, which have brought in crisis measuresSri Lanka is introducing a shorter fo…
Geopolitics
Africa: What oil producers can do to counter price shocks
Deutsche Welle (DW) – World · Europe
Could African oil-producing countries such as Nigeria and Angola increase production in the short term and thus ease global shortages caused by the war in the …
Geopolitics
Iran war: Why gold prices are not soaring?
Deutsche Welle (DW) – World · Europe
Gold is typically seen as a safe haven, especially in times of war and other crises. Notwithstanding the ongoing war in Iran, the price is steady. What's drivi…
Geopolitics
Sobering times: alcohol-free beer added to UK inflation basket
The Guardian – World · Europe
Hummus and pet grooming also join list of goods and services used to help judge the impact of rising pricesBusiness live – latest updatesThe UK’s increasing so…
Geopolitics
War on Iran: Can fuel rationing, remote work, short sleeves ease oil woes?
Al Jazeera – News · Middle East
Rising oil prices amid the US-Israel war on Iran are pushing nations to readjust their energy policies.
Geopolitics
Africa particularly vulnerable as Iran conflict disrupts supply chains, say experts
The Guardian – World · Europe
Food production in many African countries depends heavily on fertiliser imported from the Gulf through the strait of HormuzCountries in Africa, where farmers d…
General
Cuba will allow nationals abroad to invest in and own businesses on the island, economic czar says
NBC News – World · US
Cuban nationals living abroad in places such as Miami will be allowed to invest in the private sector and own businesses in their homeland, the country's econo…
Geopolitics
How closing the Strait of Hormuz raises your grocery bill
Al Jazeera – News · Middle East
Closing the Strait of Hormuz raised oil prices. It also raises the cost of bread.
General
Flying in America is about to get more expensive and less fun
NBC News – World · US
Major airlines and millions of U.S. travelers are facing a rare set of challenges this spring are making it more costly and less convenient to fly.
Geopolitics
Trade deficit for Feb widens to $3.96 bn: India’s exports climb 11%, imports surge 21%
Times of India – World · India
India's exports reached $76.13 billion in February 2026, showing strong growth. Imports rose even faster, leading to a wider trade deficit. For the fiscal year…
Geopolitics
Red Sea alternative to Strait of Hormuz? Saudi's offer to oil buyers amid supply crunch
Times of India – World · India
Saudi Arabia is offering long-term oil buyers a new route via its Red Sea port of Yanbu, bypassing the disrupted Strait of Hormuz. This move aims to ensure sup…
Geopolitics
Japan begins release of oil reserves as Iran war sparks energy crisis
Al Jazeera – News · Middle East
Tokyo's move comes as oil prices remain elevated amid the effective closure of the Strait of Hormuz.
Geopolitics
Fewer Britons giving to charity, study says, with donations down by £1.4bn
The Guardian – World · Europe
Charities Aid Foundation says giving no longer a ‘deeply embedded cultural norm’ amid rising cost of livingBritain is rapidly losing the charity habit, with pu…
Geopolitics
Dozens of Australian petrol stations run out of fuel as panic-buying continues
The Guardian – World · Europe
NRMA says record-high fuel may be here to stay in Sydney, Melbourne and Brisbane after prices soared early in the Middle East conflictFollow our Australia news…
Geopolitics
Iran war impact: Oil industry leaders warn Trump admin fuel crunch may worsen
Times of India – World · India
Top oil executives warned the Trump administration that the energy crisis stemming from the Iran conflict could worsen. Concerns were raised about disruptions…
Geopolitics
Why are gold prices not rising too much amid US-Iran war? Key levels to watch for
Times of India – World · India
Gold price prediction today: Gold prices are supported by the underlying geopolitical negative sentiment but the gains are capped, says Manav Modi, Senior Anal…
Geopolitics
Courier SF Express imposes temporary fuel surcharges within Hong Kong and Macau
South China Morning Post – World · China
China’s largest courier, SF Express, will introduce temporary fuel surcharges for local document and parcel deliveries within Hong Kong and Macau, set at HK$1 …
Geopolitics
China’s economy starts 2026 strongly as retail sales, investment rise
South China Morning Post – World · China
China’s economy got off to a strong start in 2026, as industrial output and retail sales stayed resilient in the first two months while fixed-asset investment …
Geopolitics
Oil prices keep rising as Trump seeks coalition to reopen Strait of Hormuz
Al Jazeera – News · Middle East
Brent crude tops $106 a barrel as markets see no end in sight to the halt of traffic through the critical waterway.
Geopolitics
Starmer to announce support for households hit by energy price spike
The Guardian – World · Europe
Prime minister expected to set out tens of millions of pounds in help for heating oil users as conflict with Iran drives up costsKeir Starmer will on Monday an…
Geopolitics
UK housing costs rise 41% over five years for renters and owners, study shows
The Guardian – World · Europe
Borrowers coming off fixed deals hit hard as Savills says big spike in interest payments made up half the overall rise UK households spent a record £226bn to k…
Geopolitics
Ukraine's urgent fight on the financial frontline
BBC News – World · Europe
The war-torn country is battling to secure crucial funding from the IMF and EU, as well as putting up taxes.
General
U.S. oil soars past $100 a barrel, as Iran war shows no signs of ending soon
NBC News – World · US
U.S. crude oil passed $100 per barrel Sunday, continuing its surge despite efforts by the Trump administration and allied countries to slow rising prices.
Geopolitics
Emergency stockpile oil coming soon to Iran-wracked markets, IEA says
The Hindu – World · India
Stocks from Asia and Oceania countries will be available immediately and stocks from Europe and the Americas will be available at the end of March, the agency…
Geopolitics
By expanding crude sourcing, India ready to handle disruptions
Times of India – World · India
- India is now stronger than a decade ago to handle global energy market disruptions. - Officials cite improved resilience as the reason. - Focus on global…
Geopolitics
IEA says oil from emergency stocks to flow in Asia and Oceania immediately
South China Morning Post – World · China
The International Energy Agency (IEA) said oil from a record stockpile release will be made available in Asia and Oceania immediately as buyers in the region c…
Geopolitics
US-China trade talks: low-key start to negotiations after first meeting in Paris
South China Morning Post – World · China
China and the US ended the first day of trade talks in Paris on Sunday without any major developments. Talks will continue tomorrow when the US delegation is s…
Geopolitics
Sri Lanka switches to QR code-based system to ration fuel sales
The Hindu – World · India
The weekly quota for cars and motorbikes is limited to 15 litres and 5 litres, respectively
Geopolitics
Strategic oil release may calm markets but cannot fix Hormuz disruption
Al Jazeera – News · Middle East
Record oil release steadies markets, but war-driven disruption in the Strait of Hormuz keeps energy supplies uncertain.
Geopolitics
Florida’s real estate ‘gold rush’ draws the super-rich as rising costs push others out
The Guardian – World · Europe
The luxury property surge fuels growth in Miami, but a poll finds many residents weighing an exit over housing and living costsTo a casual observer, everything…
Geopolitics
US, China hold trade talks in Paris to clear path to Trump-Xi summit
Al Jazeera – News · Middle East
The world's two largest economies trying to hash out trade issues before US President Trump is expected to visit China.
General
Use the stairs, work from home: Asia is already making big changes as oil prices spike
NBC News – World · US
The fallout of the U.S.-Israel strikes on Iran and the subsequent effective closure of the Strait of Hormuz has reached Asia with authorities from New Delhi to…
Geopolitics
Middle East conflict forces Indian exporters to reroute shipments, absorb higher costs
Times of India – World · India
Indian exporters are navigating Middle East conflict fallout, facing rising freight, insurance, and transit times. Businesses are adapting by adjusting invento…
Geopolitics
‘Good stocks in hand’: India well placed on crude, fuel despite Middle East war, says Goyal
Times of India – World · India
India is well-prepared for Middle East crisis disruptions, with ample fuel stocks and no supply issues reported. The government is diversifying gas import sou…
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