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Global markets still under selling pressure amid geopolitical tensions

Lack of tangible progress in US-Iran negotiations for ceasefire and effective closure of Strait of Hormuz continue to fuel selling pressure24 April 2026

Global gas market to stay tight through 2027 as Mideast crisis delays LNG glut: IEA

Damage to Qatar’s LNG infrastructure, Hormuz disruption could cause loss of around 120B cubic meters of LNG supply between 2026, 203024 April 2026

Major US banks post strong Q1 results despite market volatility

Trading gains, investment banking boost earnings amid Middle East tensions24 April 2026

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US-sanctioned tanker appears to attempt Hormuz transit amid near standstill

Conflicting reports on Iranian crude carrier’s movement near Larak Island24 April 2026

Turkish-owned Piaggio secures 1st order for new jet

Piaggio makes comeback following its acquisition by Baykar, features at Germany’s AERO Friedrichshafen trade show24 April 2026

Nike to cut 1,400 jobs globally as part of restructuring

Layoffs to focus on tech roles as company aims to streamline operations24 April 2026

British retail sales unexpectedly jump in March due to increased fuel sales amid energy shock

Retail sales volumes up 0.7% month-on-month, boosted by fuel sales as prices increased amid Middle East conflict24 April 2026

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Australia secures additional diesel supplies amid Middle East tensions

Moves to shield supply chains as global energy markets face disruption24 April 2026

Japan core inflation accelerates for 1st time in 5 months as energy worries mount amid Iran war

Core consumer prices rise 1.8% in March, up from 1.6% in February; headline inflation remains below Bank of Japan’s 2% target for 2nd straight month24 April 2026

Japan to release 20 days’ worth of national oil reserves from May 1 amid Mideast energy shock

Tokyo says it expects to secure more than half of crude supply from routes avoiding Strait of Hormuz by May compared with last year’s levels24 April 2026

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