Disruption in the Strait of Hormuz, Russian export restrictions and damaged refining capacity have pushed diesel crack spreads to record...
Middle East Conflict
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We have kept our industrial production forecast for the Asia Pacific (APAC) region at 4.9% in 2026, while downgrading our...
Research Briefing
The ongoing US-Iran tensions may impact oil prices and global growth, but a complete closure of the Strait of Hormuz...
Oxford Economics expects GCC activity to rebound within 1–2 years after a peace agreement, though investment, tourism and capital flows...
The Bank of Japan (BoJ) raised its policy rate from 0.75% to 1% on June 16 despite the uncertainty around...
Research Briefing
The recent US-Iran agreement aims to stabilize oil markets, but uncertainties and regional tensions may slow progress in shipping through...
Research Briefing
Fertiliser prices are set to rise significantly, impacting farmers globally, especially in developing countries. Discover the full implications for agriculture.