Business

Four weeks ago, gas cost less than $3 a gallon. Today it costs nearly $4. Before the war, Goldman Sachs put the odds of a US recession at 15%. Now they say 30%. The stock market has lost 7% in a month. Diesel — which powers every truck, farm, and construction site in America —

The Bank of England held interest rates at 3.75% on Thursday, March 19. The vote was unanimous. Just weeks ago, markets treated a cut as a near certainty. The Iran war changed everything. Oil prices surged 50% since February 28. Gas prices spiked 20% in a single morning. Inflation — falling toward 2% before the

On March 19, Brent crude surged to $116.2 per barrel — up 8% in a single day. That is the highest oil price since 2022. Moreover, it marks a 50% rise since the US-Israel war on Iran began on February 28. The trigger was a wave of Iranian missile and drone strikes on energy infrastructure

The Sensex fell 3,160 points in just four trading sessions. Investors lost Rs 18 lakh crore in market capitalisation. This is the worst stock market week India has seen in 2026. Moreover, the crash did not happen in isolation. A combination of global war, surging crude oil, and massive foreign fund outflows triggered the sell-off.

In 2025, President Donald Trump launched the most aggressive tariff campaign in modern American history. However, 2026 has turned everything upside down. In February 2026, the United States Supreme Court delivered a landmark 6-3 ruling that struck down Trump’s sweeping tariffs imposed under the International Emergency Economic Powers Act (IEEPA). Moreover, rather than stepping back,