"We are in a world of elevated uncertainty," the IMF chief said

European carriers are bracing for similar disruption after Iran's closure of the Strait of Hormuz cut off nearly 21% of global seaborne jet fuel supply, according to Kpler.

West Texas Intermediate topped $115 and Brent sitting around $111

Sri Lanka on Monday raised prices of liquefied petroleum gas (LPG) by nearly a quarter, blaming higher global prices triggered by the Iran war.

PH Creative (BD) Limited, a South Korean company, will set up a manufacturing facility at the Bepza Economic Zone (Bepza EZ) in Mirsharai, Chattogram.

US President Donald Trump’s tariffs sought to hurt Chinese manufacturing, but for one electronics maker, a turbulent 2025 ended with a belief that China is a location that is difficult to replicate - as long as things don’t change too drastically.

The company will produce a wide range of items, including steel, aluminium and iron frames, fibreglass poles, tents and sleeping bags

A third vessel, Jag Vikram, is still ​in the west of the Strait of Hormuz, ​the data showed

The dollar ​index , which measures the US currency against six rivals, was slightly lower at 100.12

President Donald Trump has set a Tuesday deadline for Iran to end the war and reopen shipping in the critical Strait of Hormuz waterway

Vietnam’s economy slowed ​in the first quarter from the three months prior, data showed on Saturday, as heavy exposure to ‌Middle Eastern oil imports boosted inflation, presenting a challenge in reaching an annual growth target, authorities said.

Medicines can stop pain, fight cancer and save lives but are worthless if they get lost in the mail, spoil in a hot warehouse or are stuck on a ship.

With the war in the Middle East sending global fertiliser prices soaring, the EU is coming under pressure from farmers and some member states to take action.

The dollar ​rose sharply from two straight sessions of losses on Thursday after US President Donald Trump’s speech on Iran ‌undermined market expectations of a swift end to the conflict, renewing a bid for safe-haven assets.

Products passing through the giant site range from insulin capsules and lifestyle drugs to medicated sunblock and drums of sulphuric acid

India has secured its full requirements of crude oil for the coming months, its oil ministry said

The dollar ​rose sharply from two straight sessions of losses on Thursday after US President Donald Trump’s speech on Iran ‌undermined market expectations of a swift end to the conflict, renewing a bid for safe-haven assets.

Just as when oil spills, a shortage seeps slowly. Fallout from a blocked Strait of Hormuz, which typically carries 20 percent of ​the world’s supply, will spread steadily across the planet.

The Iran war is reaching Bangladesh through the availability and price of fuel, fertiliser, freight, and foreign exchange

The world's largest economy gained 178,000 jobs in March