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Yuan-priced crude futures in China rallied to the highest level on record, as the shutdown of an oil pipeline in Saudi Arabia hurt global supplies and refiners in the largest importer bought more cargoes.
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Grocery price inflation has ticked up from 2024 lows amid fears rising energy prices and poor harvests will place further upwards pressure on the cost of living this winter.
India’s everyday thali is getting costlier as weak monsoon rains, the Iran and Ukraine wars and rising demand for crops used in biofuels push up food prices.
Oil prices continued to rise early on Tuesday, rallying by 1.7% in Asian trade, as the Iran-backed Houthis in Yemen are expanding their control over the west coast along the Red Sea, while the attacks…
ING analysts Warren Patterson and Ewa Manthey note that Oil prices have surged as the Saudi East–West pipeline shutdown tightens supply and keeps ICE Brent near recent resistance around $110/bbl.
Indonesia and Bulgaria are exploring opportunities to expand market access for agricultural and food products, while ...
