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commodity-surge

Brent Crude Tops $126, U.S. Gas Prices Jump

Brent crude surged past $126 a barrel on Thursday, its highest wartime peak in over a decade, while U.S. gasoline hit $4.30 a gallon. The spike raises inflation pressure globally and squeezes consumer budgets. Markets are watching whether producers can raise output fast enough to ease prices.

Iran War Fallout Drives Asian Rice Prices Up 10%

Thai white rice prices surged 10 percent to US$423 per tonne in the week ended April 8, driven by supply fears linked to Iran war fallout. The move raises food cost pressures across import-dependent Asian economies where rice is a primary staple.

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commodity-surge

Oil prices hit wartime peak, with Brent crude touching $126 a barrel

Brent crude surged past $126 a barrel on Thursday, its highest wartime peak in over a decade, while U.S. gasoline hit $4.30 a gallon. The spike raises inflation pressure globally and squeezes consumer budgets. Markets are watching whether producers can raise output fast enough to ease prices.

2mo ago · 1 min · Markets

Rice prices in Asia soar as Iran war fallout threatens supply

Thai white rice prices surged 10 percent to US$423 per tonne in the week ended April 8, driven by supply fears linked to Iran war fallout. The move raises food cost pressures across import-dependent Asian economies where rice is a primary staple.

2mo ago · 1 min · Global Affairs

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