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Iran truce spurs hopes for world economy, but recovery will be rocky
AFP, Published on 08/04/2026
» PARIS (FRANCE) - The ceasefire agreed between Iran and the United States should bring some relief to a world economy that has been roiled since the start of hostilities on February 28, even if not all sectors will rebound at the same pace.
Middle East war: global economic fallout
AFP, Published on 08/04/2026
» PARIS — Here are the latest economic events in the Middle East war:
Jet fuel supplies to take 'months' to recover from war disruption: IATA
AFP, Published on 08/04/2026
» SINGAPORE - It will take months for jet fuel supplies and prices to normalise even with the Strait of Hormuz open, the head of the International Air Transport Association (IATA) said on Wednesday.
Crude prices plunge, stocks surge as US and Iran agree ceasefire
AFP, Published on 08/04/2026
» HONG KONG — Oil prices plunged on Wednesday while stocks rallied after the United States and Iran agreed to a two-week ceasefire that will see Tehran temporarily reopen the vital Strait of Hormuz.
Oil rises, stocks fall as Trump's Iran deadline looms
AFP, Published on 07/04/2026
» LONDON - Oil prices jumped Tuesday and stocks fell after US-Israeli strikes on the key Iranian oil export terminal of Kharg island, with investors bracing for US President Donald Trump's looming deadline for Iran to reopen the Strait of Hormuz or face devastating attacks.
Middle East war: global economic fallout
AFP, Published on 07/04/2026
» PARIS — Here are the latest economic events in the Middle East war:
Saudi oasis town adjusts to life in the firing line
AFP, Published on 06/04/2026
» AL KHARJ (SAUDI ARABIA) - For generations, a Saudi oasis town has been a favoured spot for stressed visitors from the nearby capital Riyadh to come and decompress.
OPEC+ hikes oil production quotas, issues warning
AFP, Published on 06/04/2026
» VIENNA - The OPEC+ oil cartel agreed on Sunday to again increase oil production quotas, while warning that repairing energy facilities, such as those damaged in the Middle East war, is "costly and takes a long time".
AI-generated 'Fruit Love Island' takes TikTok by storm
AFP, Published on 03/04/2026
» TOKYO - Millions of people have been gripped by the juicy twists of an AI-generated TikTok micro-series based on the television hit "Love Island" -- except all the participants are sexy human-like fruit.
Braving high fuel costs, Filipinos flock to crucifixion spectacle
AFP, Published on 03/04/2026
» SAN FERNANDO (PHILIPPINES) - Hundreds of Filipinos and tourists flocked to a sun-bleached field north of Manila on Good Friday to witness one of the country's most blood-soaked displays of religious fervour, undeterred by rising fuel prices driven by the Middle East war.