Energy
Global Oil Prices Could Hit Highest Levels in Months After Saudi Pipeline Attacks
Estimates vary on how long it could take before a crucial pipeline is repaired, but a prolonged shutdown could push oil prices to their highest levels in month…
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Latest on Prolonged
Newest firstTransport
DP World Installs New Harbor Cranes for $800M Modernization of Syria's Tartus Port
Rebuilding and expansion of key port passes milestone as country seeks to upgrade transportation and shipping infrastructure following a prolonged civil war.
Geopolitics
Canada braces for prolonged trade war as counter-tariffs on US take effect
It is the latest escalation since trade talks collapsed in late August, with US officials threatening to hit back if Canada's counter-tariffs are implemented.
Geopolitics
Oil extends gains as renewed Mideast hostilities raise worries of prolonged conflict
Oil prices rose Tuesday on worries over escalating Mideast tensions after the U.S. and Iran traded strikes over the weekend.
Macro
BOE's Chief Economist Sees Need for Rate Rise as War's Course Remains Uncertain
The Bank of England should raise its key interest rate to limit the risk that inflation will stay above its target for a prolonged period, Chief Economist Huw…
Crypto
Bitmine now controls 4.9% of Ethereum supply after adding 53.5K ETH
Bitmine has bought Ether for 65 consecutive weeks, maintaining its accumulation strategy through a prolonged crypto downturn and $5.1 billion in paper losses.
Geopolitics
Latest details on Iran war after 6 months of conflict and no end in sight
The Iran war continues as the U.S. navigates the prolonged conflict that President Trump first predicted would only last for six weeks. CBS News' Courtney Keal…
Geopolitics
Eurozone Businesses More Upbeat Despite Prolonged War in Middle East
Businesses and consumers felt more positive about their prospects in August, a boost for demand in the face of persistent uncertainty about the duration and in…
Crypto
BitGo to acquire NYDIG's institutional trading business as crypto trading rebounds
BitGo is expanding its institutional capabilities just as activity in the crypto market is showing signs of picking up after a prolonged trading slump.
Geopolitics
China Sentences Evergrande Founder to Life in Prison
Hui Ka Yan's punishment caps the downfall of a property empire whose collapse set off a prolonged crisis in the Chinese economy.
Healthcare
Moderna's cancer-vaccine breakthrough drives broad biopharma stock rally
The biopharmaceutical sector has struggled with a prolonged downturn in recent years but has been on an upswing of late.
Geopolitics
Ukraine's fired defense minister calls for elections despite war with Russia
The former defense minister, whose firing sparked weeks of protests, said Ukraine needed to find a way to hold elections despite the prolonged war with Russia.
Geopolitics
Russia says its economy is strong. It just fired a top economist who warned otherwise
Andrei Klepach was reportedly fired from his role after presenting a report warning that Russia could not win a prolonged war of attrition with Ukraine.
Geopolitics
Ship attacked in Hormuz Strait as U.S.-Iran ceasefire expiry risks prolonged conflict
The attack caused damage to the engine room and resulted in a crew casualty, UKMTO said, adding that the remaining crew were being assisted by the Omani Coast…
Geopolitics
Iran installs new war chiefs as Tehran signals 'prolonged confrontation,' expert warns
Iranian Supreme Leader Mojtaba Khamenei named six military commanders as an expert says Tehran is preparing for prolonged confrontation, not settlement.
Crypto
FalconX cuts 10% of workforce amid prolonged crypto market slump: Report
According to Bloomberg, the digital asset prime broker is refocusing its Singapore strategy and withdrawing its local license application as crypto companies c…
Geopolitics
The war in Ukraine is exposing the dangers of prolonged tourniquet use. US special operations medics are adapting.
The war in Ukraine is exposing the dangers of prolonged tourniquet use. US special operations medics are adapting.
Macro
The IMF trimmed its global growth forecast to 3% for 2026 from 3.1% forecast in April, but no longer projects that a prolonged Iran war could trigger a global recession
Global growth forecast is trimmed slightly, but it no longer warns of a prolonged war triggering a world recession.
Energy
With the planned reopening of the Strait of Hormuz, the specter of a prolonged crunch in energy supplies has faded - but the disruption could take months to unwind
The specter of a prolonged crunch in energy supplies has faded, but the disruption could take months to unwind.
Technology
Nvidia, SK to detail cooperation plan as Huang flags prolonged chip shortage
A SK Hynix spokesperson said group Chairman Chey Tae-won and Nvidia CEO Jensen Huang plan to brief the media on Monday morning, confirming a report by Newsis.
Geopolitics
OECD Warns of Severe Global Slowdown If Middle East Conflict Is Prolonged
Should the disruption to energy production and shipping stretch well into next year, global growth could slide to 2.1% in 2026 - the weakest this century outsi…
Finance
Canada Lenders Well Placed to Handle Prolonged Energy-Price Shock, Central Bank Says
Canada's banks have fortified their financial position over the past year and would be able to lend to customers should the war in Iran escalate and lead to a…
Energy
Prolonged Strait of Hormuz Closure Could Upend Global Economies, Energy Sector Survey Says
Energy consultant Wood-Mackenzie says shutdown of shipping through Persian Gulf "far more than an energy crisis," said one market expert - as contractor McDerm…
Macro
Americans are spending money despite prolonged inflation concerns, new data shows
New consumer data shows Americans are still spending despite concerns about inflation. Jill Schlesinger explains.
Geopolitics
G7 finance ministers to meet amid warning of economic consequences of prolonged Strait of Hormuz closure
G7 finance ministers are due to meet in Paris on Monday and Tuesday as long-term borrowing costs surge.
Energy
How prolonged Strait of Hormuz closure could lead to oil demand destruction
How prolonged Strait of Hormuz closure could lead to oil demand destruction
Geopolitics
War has imposed a heavy cost on Iran's economy: more than a million people are out of work, food prices are soaring and a prolonged internet shutdown has slammed online businesses
Businesses are closing, unemployment is soaring and food is increasingly unaffordable.
Geopolitics
A prolonged Middle East conflict could slash global growth to rates seen only in the deepest recent recessions, the International Monetary Fund warned in its latest set of forecasts
The international lender sees a modest downgrade if the war ends soon, but much weaker growth and higher inflation in worse scenarios.
Commodities
Prolonged Hormuz Strait closure would have 'profound' impact on mining: Friedland
Ivanhoe Mines (TSX: IVN) founder and co-chairman Robert Friedland is warning that a prolonged closure Strait of Hormuz would have a "profound" effect on global…
Energy
Oil prices rise as failed deal between U.S. and Iran raises risk of prolonged war
West Texas Intermediate and Brent crude both climbed above $100 a barrel on Monday after a breakdown in talks between the U.S. and Iran over the weekend.
