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World Economy

Last update : 16 September 2026, Wednesday / 14:11

Latest World Economy News

Global markets mixed ahead of Fed rate hike decision

Investors are bracing for a 25-basis-point rate increase as the Federal Reserve concludes its first policy meeting in three years on Wednesday, with Treasury yields hitting multi-year highs and equities showing divergent trends across regions.

16 September 2026

World Economy

European bond yields hit multi-year highs on Middle East tensions

European government bond yields surged to multi-year highs on Tuesday as escalating Middle East tensions threatened critical energy supplies via the Strait of Hormuz and reignited inflation concerns, forcing investors to price in prolonged tight monetary policy from the Federal Reserve and the European Central Bank.

16 September 2026

World Economy

US diesel prices hit record $6.3 per gallon

American Automobile Association data showed average diesel prices in the United States reached an unprecedented $6.3 per gallon on Wednesday, marking a new milestone as global crude benchmarks continued their upward trend and regional variations hit $8.2 in California.

16 September 2026

World Economy

Global markets slide as bond yields surge and Middle East tensions flare

Global equity markets extended losses on Tuesday as surging US Treasury yields and escalating Middle East tensions drove oil prices to multi-month highs, while uncertainty over artificial intelligence regulation continued to pressure technology shares and investors awaited the Federal Reserve's policy decision.

15 September 2026

Asia

Japan's Takaichi discusses energy security with IEA chief

Japanese Prime Minister Sanae Takaichi met with International Energy Agency Executive Director Fatih Birol in Tokyo on Monday to discuss global energy security, outlining Tokyo's POWERR GX initiative and its three-pillar strategy for stabilizing international markets.

15 September 2026

World Economy

Russia warns Gulf instability worsening global oil market crisis

Kremlin spokesman Dmitry Peskov said on Monday that instability in the Persian Gulf is rapidly deteriorating global oil markets, with major supply volumes removed from international circulation and serious consequences for world economies looming.

14 September 2026

World Economy

Oil prices surge ahead of Fed decision, fueling inflation fears

Brent and West Texas Intermediate crude futures climbed more than 2% on Monday as markets brace for the Federal Reserve's policy rate decision this week, with Chairman Kevin Warsh warning that inflation remains too high and additional monetary tightening may be needed to bring price pressures back to target levels.

14 September 2026

World Economy

US diesel prices reach record $6.23 per gallon on Monday

The American Automobile Association reported on Monday that US diesel prices reached $6.23 per gallon, marking the first time the fuel has exceeded the $6 threshold as global crude benchmarks trade at elevated levels, with President Donald Trump linking the surge to efforts blocking Iran's nuclear ambitions.

14 September 2026

America

Trump tells Zelenskyy to halt strikes on Russian diesel supplies

US President Donald Trump urged Ukrainian President Volodymyr Zelenskyy on Sunday to halt military strikes against Russian diesel refineries, warning that the operations are creating global fuel shortages and disrupting energy markets at a time of heightened Middle East tensions.

14 September 2026

World Economy

AI set to boost US economy while widening income inequality

AI research firm Anthropic said the technology could expand US gross domestic product by up to 32 percent by 2030 while warning that the gains would flow disproportionately to capital owners rather than labor, exacerbating existing inequality.

11 September 2026

World Economy

Saudi oil output sinks to 1990 low amid US-Iran war fallout

Saudi Arabia reported crude production of 6.24 million barrels per day in August, marking its lowest level since 1990, as Houthi attacks on Red Sea shipping and the ongoing US-Iran war severely disrupted the kingdom's alternative export routes through the Yanbu terminal, according to OPEC data released on Friday.

11 September 2026

World Economy

US diesel tops $6 per gallon for first time

Diesel prices in the United States exceeded $6 per gallon for the first time in history on Friday, according to data from the American Automobile Association, as the ongoing war between Washington and Tehran continues to drive up global crude oil costs.

11 September 2026

World Economy

Oil prices surge over 7% as US-Iran war enters seventh month

Brent crude climbed above $108 per barrel on Thursday as the seven-month US-Iran war intensified fears of prolonged supply disruptions, with President Donald Trump predicting the conflict would end immediately after November's midterm elections while senior advisers privately warned it could extend through his term ending in 2029.

11 September 2026

World Economy

ECB lifts key rates 25 bps, upgrades euro area growth forecasts

The European Central Bank raised its three key interest rates by 25 basis points on Thursday to combat inflationary pressures exacerbated by the Middle East conflict, taking the deposit facility to 2.5% and signaling that price growth will likely remain above the 2% target for an extended period despite the tightening measures.

10 September 2026

World Economy

Energy prices surge as US-Iran war shuts Hormuz

International benchmark Brent crude and US West Texas Intermediate both advanced more than 1% on Thursday as the US-Iran war kept the Strait of Hormuz sealed to vessel traffic, while European natural gas prices surged to their highest level since late 2022 amid mounting fears of supply disruptions.

10 September 2026

World Economy

Brent crude holds above $100 as US-Iran tensions threaten supplies

International benchmark Brent crude futures traded above $100 per barrel on Thursday, sustaining gains from the previous session as military clashes between Washington and Tehran raised fears of prolonged disruptions to traffic through the strategic Strait of Hormuz.

10 September 2026

World Economy

Brent crude tops $100 as Iran targets US vessels in Gulf

International benchmark Brent crude futures rose above $100 a barrel on Wednesday as the Islamic Revolutionary Guard Corps targeted US vessels and oil tankers in the Persian Gulf, claiming the strikes were retaliation for American aggression against Iranian shipping.

09 September 2026

World Economy

European gas prices hit 3.5-year high as Hormuz disruptions persist

The benchmark European gas contract surged to €76.7 per megawatt-hour on Tuesday, marking the highest level in over three and a half years as tensions between Washington and Tehran continued to disrupt liquefied natural gas flows through the Strait of Hormuz, leaving EU storage facilities vulnerable ahead of winter.

09 September 2026

World Economy

Oil prices surge over 2% as Brent nears $100 on US-Iran tensions

International benchmark Brent crude climbed above $99 a barrel on Tuesday as exchanges of fire between Washington and Tehran over the weekend intensified fears of supply disruptions from the Middle East, with Saudi energy facilities also coming under fresh attack.

09 September 2026

Middle East

Oil hits six-week high as Iran warns of new Hormuz zone

Brent crude futures climbed 1.4% to $98.5 per barrel on Tuesday, reaching a six-week high, as escalating tensions between Washington and Tehran stoked fears of fresh disruptions to oil shipments through the Strait of Hormuz and Houthi attacks targeted Saudi energy facilities.

08 September 2026

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