From cheering low gas cost to taking pride ‘when oil prices go up’: Donald Trump’s evolving stance

US President Donald Trump has long boasted about keeping gasoline prices low in the United States during his tenure. Last month, during his State of the Union address, he highlighted falling petrol prices as a sign of the country’s economic strength.That stance now appears to be shifting. Earlier this week, Trump struck a more positive…

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Energy shock jolts Asian equities as AI-led rally leaves South Korea most exposed

Asian equity markets are facing heightened volatility after geopolitical tensions in the Middle East triggered sharp swings in oil prices and global risk sentiment, exposing uneven vulnerabilities across the region, according to a report by Moody’s Analytics.The report said the conflict sent “shock waves through global financial markets”, with Brent crude briefly surging to around…

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India’s Goldilocks under threat? How US-Iran war, crude oil above $100 may deal a blow to growth story – explained

The persistence and sustainability of high oil prices will play a key role in shaping the scale of the economic impact on countries. (AI image) Inflation at a benign 2.2% and growth at 8.0% in the first half of 2025-26 present a rare goldilocks period – that’s what RBI governor Sanjay Malhotra said in the…

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