Globalytic
GlobalyticPoliticsConflictsTechScienceHealthBusinessWorld

Globalytic

Independent world coverage — geopolitics, conflicts, science, and health — with AI-assisted editing and verification.

Sections

  • World
  • Politics
  • Conflicts
  • Tech
  • Science
  • Health
  • Business
  • World
  • All news
  • Search

Resources

  • About
  • RSS Feed
  • Search

Summaries and analysis may be AI-assisted. Content is for informational purposes only.

Not professional advice.

© 2026 Globalytic. All rights reserved.

  1. Home
  2. /Search

Search

AllWorld news

140 resultsfor “why did oil prices drop”

Business

Fed leaves interest rates unchanged in defiance of Trump’s calls for cuts

oil, the global benchmark, briefly hit $119 a barrel on Wednesday, a monthly high and a 7% jump over the course of a day as uncertainty around the war in Iran looms

The Guardian WorldApr 29
Business

Airlines hike fares, cut millions of seats as Iran war drives up fuel costs

oil, have risen more than 80 percent since the US and Israel launched their war on Iran in late February, prompting airlines to hike fares, reduce their schedules, or both. In the starkest example

Al Jazeera EnglishMay 6
Politics

Trump's 'irresponsible war' to blame for economic slowdown, German minister says

drop in his country's expected tax revenues. Lars Klingbeil said the US president's actions in the region had caused a "global energy shock". German officials have slashed the projected tax revenue

BBC NewsMay 7
Politics

Iran war: What’s happening on day 66 as Trump announces Hormuz mission?

prices have [failed to ease](/economy/2026/5/4/oil-prices-flat-as-trumps-plan-for-strait-of-hormuz-fails-to-move-markets) as the international benchmark Brent crude was essentially flat on Monday morning. In response to Trump, top Iranian lawmaker Ebrahim Azizi said any [US interference](/news/2026/5/3/trump-says-us-will-help-free-up-ships-stuck-in-hormuz-strait) in the strait

Al Jazeera EnglishMay 4
Business

Oil prices rise and bonds wobble as Iran war stokes inflation fears

prices rose and global bonds wobbled on Monday, as fresh tensions in the Middle East fed inflation fears and bets that central banks will have to increase interest rates. Brent crude, the international benchmark

The Guardian WorldMay 18
Business

Mortgages, bills and jobs: Five takeaways from the Bank of England meeting

oil above $120 a barrel for the rest of the year and inflation topping 6% early next year, as many as six rate rises could be on the way, which could take the Bank

BBC NewsApr 30
Health

RFK Jr’s podcast has glimmers of his old show – will he address health issues differently?

dropped ahead of his new podcast’s release, Kennedy says: “Children are sicker, chronic disease is exploding and the answers we’ve been given aren’t working” – talking points that were common

The Guardian WorldApr 20
Conflicts

Friday briefing: How Gaza, Lebanon and Iran have found themselves caught in an escalation without end

dropped in Lebanon this week; andthe death toll continues to rise, national economies falter, and displacement abounds. For those in the region, it means that having your bag packed, ready to flee

The Guardian WorldJun 5
Politics

Iran faces a new energy imbalance, but its options are limited

oil reserves, Iran will have to import fuel again as demand outpaces refinery output. President Masoud Pezeshkian has repeatedly urged households and offices to take practical steps to limit energy consumption. Last week, he removed

Al Jazeera EnglishJun 3
Conflicts

Sailors stressed and exhausted after months trapped by Strait of Hormuz blockade

price of water has increased the most, says Banglar Joyyatra's chief engineer Rashedul Hasan. "We purchased about 180 tonnes of water for the ship two days ago. Earlier, it would cost between

BBC NewsJun 2
Politics

First Thing: Trump tells critics to ‘sit back and relax’ as Iran claims to target US base

prices. ## **Lead prosecutor withdraws from criminal case against James Comey** ![Former FBI director James Comey.](https://i.guim.co.uk/img/media/d7e8f46af60627941c16eb10b4a888a5355ec395/339_0_4321_3456/master/4321.jpg?width=445&dpr=1&s=none&crop=none) The former FBI director James Comey denies the allegations. Photograph: Michael Reynolds/EPA The lead prosecutor

The Guardian WorldJun 1
Business

Is Iran’s oil storage nearly full – and will it have to cut production?

prices depends on a guaranteed and lasting end to the economic and military pressure against Iran and its allies.” Since the [US naval blockade](/features/2026/4/29/can-russia-serve-as-an-economic-lifeline-for-iran-amid-the-hormuz-blockade) on the strait began, the US has opened fire

Al Jazeera EnglishApr 29
Politics

Trump pauses Hormuz plan 50 hours after he announced it - what happened?

price and fears for the global economy. But 50 hours later the president posted that the mission was being put on hold "for a short period of time". His decision came on the same

BBC NewsMay 6
Politics

What really holds China and Russia together

dropped his friend Putin to Trump last week, when the two leaders walked through Zhongnanhai, which is normally off-limits to foreign visitors, joking about how Putin had visited Beijing's political sanctuary before. While

BBC NewsMay 18
Politics

How the Trump-Xi summit could set superpower relations for many years to come

prices have driven up the cost of items made with petrochemicals, everything from textiles to plastics. For some producers in China, costs have gone up 20%. China has enviable oil reserves and the lead

BBC NewsMay 11
Business

'At what point does it make sense to ditch a gas car for an electric vehicle?'

oil, gas and coal](https://www.npr.org/2026/04/29/nx-s1-5786914/colombia-conference-fossil-fuels) "At what point does it make sense to ditch a gas car for an EV?" he asked. "Does it make sense to replace it at a certain

NPR Topics: NewsJun 1
Politics

A Polymarket trader made $300,000 betting on Biden's pardons, a new analysis shows

dropping to near zero on the prediction market site. The trader, whose identity is not publicly known, placed around $64,000 worth of bets that Biden would issue pre-emptive pardons for Jim Biden

NPR Topics: NewsApr 16
Business

Diners are staying home, so this restaurant lets patrons pay what they want

drop in volume over the past two years to political and financial instability, said he prefers pushing back on that conventional wisdom. "There's a way in which it seems like we should raise prices

NPR Topics: NewsMay 25
Politics

From JCPOA exit to the 2026 deal: How US-Iran ties soured under Trump

dropping its nuclear programme altogether to pulling out of the Syrian war – or face severe economic sanctions. In all, the Trump administration laid out [12 demands](/news/2018/05/mike-pompeo-speech-12-demands-iran-180521151737787.html), outlined by then-US Secretary of State Mike

Al Jazeera EnglishJun 16
Science

In conservative Utah, some communities are ditching fossil fuel power for clean energy

Oil and gas prices are soaring. Some countries are ready with solar panels and EVs](https://www.npr.org/2026/03/16/nx-s1-5732984/energy-iran-war-solar-pakistan-crisis-renewable-evs) It's taken years to get to this point. They've had to get regulations updated

NPR Topics: NewsMay 19
← PreviousPage 7 of 7Next →