imf
International

IMF Warns High Oil Prices Could Slow Growth

By BPN News Desk
The International Monetary Fund has warned that the war-driven rise in oil prices could weaken global growth and increase recession risks if the shock continues for a longer period. The concern comes as crude markets remain under pressure from conflict in the Middle East and disruption around key export routes. IMF Global Growth Warning In […]
Putin
International

US Ends Oil Waivers, India Hit by Supply Risk

By BPN News Desk
The United States has decided not to renew temporary sanctions waivers that had allowed limited deliveries of Russian and Iranian oil already loaded before earlier cut-off dates. The move tightens pressure on energy buyers, including India, at a time when global crude markets remain sensitive to disruption in the Strait of Hormuz. US Sanctions Waiver […]
ship
International

US Blockade Turns Back Tankers At Hormuz

By BPN News Desk
The United States has begun enforcing its naval blockade on Iran-linked shipping near the Strait of Hormuz, with a US Navy destroyer ordering two oil tankers to reverse course after they departed Chabahar port. The move marks an early sign of tighter maritime enforcement in one of the world’s most important energy corridors. US Navy […]
imf
International

IMF Says Iran War Shock Is Already Built Into Economy

By BPN News Desk
The economic damage from the U.S.-Iran war is already being absorbed across global markets, according to IMF Managing Director Kristalina Georgieva, who said the shock is effectively “baked” into the economy. Her remarks come as conflict in West Asia continues to disrupt energy infrastructure, shipping flows and investor confidence, even as markets keep searching for […]
Trump
International

Trump Says Hormuz Will Open Soon

By BPN News Desk
Donald Trump has said the United States will have the Strait of Hormuz “open fairly soon,” a statement that comes as the vital energy route remains under strain amid the Iran conflict. His remarks have drawn attention because the waterway is one of the world’s most important oil transit chokepoints, and any prolonged disruption carries […]
Trump
International

Trump Says Iran Failing On Hormuz Deal

By BPN News Desk
Donald Trump has accused Iran of doing a “very poor job” of allowing oil shipments through the Strait of Hormuz and said Tehran is not honouring the terms of the fragile two-week ceasefire. His remarks add fresh strain to an already unstable truce, with shipping through the key waterway still far below normal levels despite […]

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