Economy

How the Middle East crisis is rewriting energy security doctrine

Threats around the Strait of Hormuz are driving a lasting risk premium built on shipping paralysis and doubts about deterrence

The attack on Iran’s South Pars, world’s largest gas field, and Tehran’s retaliation threatens energy supply

Israel’s strike on Iran’s South Pars gas field and Tehran’s response targeting Qatar’s Ras Laffan LNG hub threaten global supply

Russian oil supplies to India surge

India’s oil imports from Russia have reportedly risen by 27% in March compared to last month

Iran is creating a “safe” oil shipping corridor through the Strait of Hormuz for select nations

Iran is allowing a handful of oil tankers to pass through a “safe corridor” in the Strait of Hormuz amid the war with the US and Israel

India looks to boost fertilizer imports from Russia and Belarus

India is reportedly looking to boost fertilizer imports from Russia and Belarus amid a shortage due to the Middle East conflict

Bank of Russia cuts key rate by 0.5 p.p. to 15% second time this year

According to the regulator, the Russian economy is approaching a balanced growth path