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Governments worldwide shield households from rising energy costs

Governments worldwide shield households from rising energy costs

April 21 (Reuters) - Governments worldwide are trying to shield consumers from soaring energy costs resulting from the U.S.-Israeli war on Iran.

Morning Bid: How much risk can markets swallow?

Morning Bid: How much risk can markets swallow?

A look at the day ahead in European and global markets from Rae Wee It's hard to pop the champagne when you're constantly looking over your shoulder.

Prolonged energy disruption to widen India trade deficit, strain fiscal account, Moody's says

Prolonged energy disruption to widen India trade deficit, strain fiscal account, Moody's says

April 21 (Reuters) - A prolonged disruption in energy supply can widen India's trade deficit and strain the fiscal account of the world's fastest-growing major economy, according to rating agency Moody's.

Analysis-Biofuels back in vogue as Iran war triggers oil price surge

Analysis-Biofuels back in vogue as Iran war triggers oil price surge

By Nigel Hunt and May Angel LONDON, April 21 (Reuters) - Soaring oil prices in the wake of the U.S.-Israeli war on Iran are driving renewed demand for biofuels as the need to tackle a fossil fuel shortage outweighs concerns that using crops for fuel will drive up food prices.

Iran tightens control of Hormuz after US calls off renewed attacks

Iran tightens control of Hormuz after US calls off renewed attacks

WASHINGTON/DUBAI/ISLAMABAD, April 23 (Reuters) - Iran seized two ships in the Strait of Hormuz as it tightened its grip on the strategic waterway after U.S. President Donald Trump announced he was indefinitely calling off attacks, with no sign of peace talks restarting.

India's John Distilleries open to further stake sale to Sazerac, founder says

India's John Distilleries open to further stake sale to Sazerac, founder says

By Praveen Paramasivam CHENNAI, April 23 (Reuters) - John Distilleries is open to selling more, and potentially all, of its founder's remaining stake to U.S. spirits group Sazerac, following an earlier round valuing the Indian liquor maker at about 40 billion rupees ($426.48 million), its founder

Amid the gloom, Iran conflict hands Indian cotton yarn hub a win

Amid the gloom, Iran conflict hands Indian cotton yarn hub a win

By Dhwani Pandya and Sumit Khanna RAJKOT/AHMEDABAD, India, April 23 (Reuters) - Supply chain and fuel disruptions triggered by the war in the Middle East have dealt a heavy blow to many Indian factories, but cotton yarn makers like Fiotex Cotspin are increasing production amid unprecedented demand

Oil prices edge lower with no progress on US-Iran talks, Hormuz shipping still disrupted

Oil prices edge lower with no progress on US-Iran talks, Hormuz shipping still disrupted

By Arathy Somasekhar April 23 (Reuters) - Oil prices were marginally lower on Thursday after big gains in the previous session amid the stalled peace talks between Iran and the United States, and as both nations maintained restrictions on the flow of trade through the Strait of Hormuz.

Fed rate cut pushed back to late 2026 on war-related inflation risks: Reuters poll

Fed rate cut pushed back to late 2026 on war-related inflation risks: Reuters poll

By Indradip Ghosh BENGALURU, April 22 (Reuters) - The U.S. Federal Reserve will wait at least six months before cutting interest rates this year, according to a Reuters poll of economists, as war-driven energy shocks reignite already-elevated inflation.

Japan's factory activity expands at strongest pace in 4 years, PMI shows

Japan's factory activity expands at strongest pace in 4 years, PMI shows

TOKYO, April 23 (Reuters) - Japan's manufacturing activity expanded at its strongest pace in four years in April as firms boosted production over concerns about potential supply shortages due to rising tensions in the Middle East, a private-sector survey showed on Thursday.

Oil prices jump and stocks are mixed as the US-Iran standoff keeps the Strait of Hormuz in limbo

Oil prices jump and stocks are mixed as the US-Iran standoff keeps the Strait of Hormuz in limbo

Oil prices have climbed more than 5% while shares are mixed as a standoff between Iran and the U.S. prevents tankers from using the Strait of Hormuz

The Latest: Pakistan prepares for upcoming peace talks despite US seizure of Iranian cargo ship

The Latest: Pakistan prepares for upcoming peace talks despite US seizure of Iranian cargo ship

The U.S. Navy's seizure of an Iranian-flagged cargo ship has cast doubt on President Donald Trump's announcement of a second round of talks with Iran