oil shock

The OECD Just Made the Global Outlook Look Worse Than Most People Realize

by
The OECD Just Made the Global Outlook Look Worse Than Most People Realize

The OECD’s latest warning is worse than many headlines made it sound. Reuters reported that the organization said the Iran war has effectively erased its earlier global growth upgrade, largely because energy shipments through the Strait of Hormuz have been badly disrupted. It now expects world GDP growth to slow from 3.3% in 2025 to … Read more

Why Global Markets Suddenly Look So Nervous About Stagflation Again

by
Why Global Markets Suddenly Look So Nervous About Stagflation Again

Global markets look nervous again because the old nightmare setup is back: slower growth risk with higher inflation pressure. Reuters reported that Brent crude was set for about a 56% monthly gain in March while U.S. crude was up roughly 54%, as the Iran war and disruption around the Strait of Hormuz pushed energy fears … Read more