India’s diesel shipments to Southeast Asia climbed to their highest level since October 2018 in March as traders redirected supply and refiners took advantage of stronger Asian margins.About 1 million metric tons (7.45 million barrels) moved on the route, with roughly half destined for Singapore, according to data from analytics…
The German DAX Index has slumped into a correction after falling by over 10% from its highest point this year amid the ongoing Iran war that has pushed energy prices higher in the past five weeks.It was trading at €22,730, up modestly from the year-to-date low of €21,875. This article…
The Rolls-Royce share price has dropped and moved into a correction this month as the US-Iran war has escalated. It tumbled to a low of 1,108p, down by over 22% from the year-to-date high. This retreat may continue, potentially to 1,000p as the war impacts its civil aviation business.Rolls-Royce share…
The Dow Jones Index has moved into a correction after falling by over 10% from its highest point this year and is now hovering at its lowest level since September last year.Salesforce is the worst-performing Dow Jones Index stock this year Salesforce stock price has crashed by 32% this year, making…
Southwest Airlines stock price has plunged harder than its American peers during the ongoing Iran war as a key strategy decision made last year backfired. LUV has dropped by 25.3% in the last 30 days, while Delta, United Airlines, and American Airlines have slumped by 2%, 17%, and 21%, respectively.LUV…
Blue Owl stock price has suffered a harsh reversal since last year, erasing billions of dollars in value as the company has moved from one crisis to another. It slumped to $8.85, down sharply from the all-time high of $25. This retreat has led to a $28 billion wipeout as the…
Top master limited partnership stocks are firing on all cylinders this year, with most of them hovering at their all-time highs, even as the stock market has moved into a correction. Energy Transfer stock jumped to a record high of $19.8, up by 46% from its lowest point last year.Top…
The Philippine peso continued its strong downward trend and is now hovering near its all-time low as the country’s economy remains under pressure amid the ongoing US-Iran war. The USD/PHP exchange rate was trading at 60.65, a few points below the all-time high of 60.75.The Philippine economy is facing major…
South Korea’s stocks have retreated sharply in the past few weeks as the impact of the ongoing US-Iran war continued. The Kospi Index dropped by over 3.3% on Tuesday, down by 20% from its highest point this year, meaning it has moved into a technical bear market.Kospi Index crashes amid…
The South African rand has pulled back in the past two months as the ongoing US-Iran war disrupted the country’s economic growth. The USD/ZAR pair soared to 17.06, as the JSE All Share Index and gold prices slumped.South African rand and JSE All Share Index slumps The USD/ZAR exchange rate has…