Oil Market

2 articles

A large oil tanker transiting the Strait of Hormuz, symbolizing the UAE's significant role and the global impact of its energy decisions.

UAE's OPEC Exit Signals Major Shift in Global Investment Trends

As of mid-April, approximately 200 tankers carrying 132 million barrels of crude oil and 40 million barrels of refined products were stranded behind the Strait of Hormuz, a critical choke point.

Priya Sen·May 5, 2026

Global economic map showing declining growth trends, with subtle visual cues of Middle East tensions and oil market disruptions impacting the worldwide economy.

Markets

IMF Downgrades Global Growth Amid Middle East Tensions

The International Monetary Fund has slashed its global growth forecast for 2026 to 3.

Olivia Hartwell·April 14, 2026