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Indonesia rations fuel as prices soar over Mideast war

Indonesia rations fuel as prices soar over Mideast war

Indonesia on Tuesday announced fuel rationing and mandated work from home for civil servants as it seeks to conserve energy stocks amid global price hikes due to the Middle East war. "To ensure fuel distribution, the government will regulate purchases... with a reasonable limit of 50 litres per vehicle&

Indonesia rations fuel as prices soar over Mideast war

Indonesia rations fuel as prices soar over Mideast war

Indonesia on Tuesday announced fuel rations and mandated work from home for civil servants, as it seeks to conserve energy stocks amid global price hikes due to the Middle East war. "To ensure fuel distribution, the government will regulate purchases... with a reasonable limit of 50 litres per vehicle&

Middle East war: global economic fallout

Middle East war: global economic fallout

Here are the latest economic events in the Middle East war: - Oil prices rise - Oil prices sank and most stocks rose Tuesday, following a Wall Street Journal report that indicated Donald Trump was willing to end the Iran war even if the key Strait of Hormuz remained closed. Market experts

Stock market winners and losers one month into US-Israel war on Iran

Stock market winners and losers one month into US-Israel war on Iran

The US-Israel strikes against Iran have triggered a series of retaliations and military escalation in the Middle East that have sent shockwaves through global financial markets. The conflict, now more than a month old, has disrupted trade and energy markets, with stocks around the globe facing diverging effects based

Oil climbs, stocks fall as markets see no end to war

Oil climbs, stocks fall as markets see no end to war

Oil prices rose and stocks fell Friday as the United States and Israel struck Iranian nuclear sites, denting optimism over potential talks to end nearly a month of war in the Middle East. US President Donald Trump has extended a deadline for Tehran to open the Strait of Hormuz or

Rising Mortgage Rates May Squelch Spring Homebuying Season

Rising Mortgage Rates May Squelch Spring Homebuying Season

This has been a rough week on numerous levels, and mortgage rates are no exception. The average rates starting with a five that we saw in February — somehow only four weeks ago — now feel like a fever dream. The average rate on a 30-year fixed-rate mortgage rose to

Small business owners seek tax cuts, tariff relief as prices increase

(The Center Square) – Small business owners want more tax breaks and lower tariffs as they report higher operating costs. As small business owners navigate a challenging economic landscape marked by rising costs, inflation, and ongoing trade tensions, many are calling for tax relief and lower tariffs to help them stay