Business

71 articles

Front Page Lead·Feature·Apr 8, 2026

Oil Jumps Above 17 as Trump's Hormuz Deadline Looms, Stocks Slip on War Uncertainty

# Oil Jumps Above $117 as Trump's Hormuz Deadline Looms, Stocks Slip on War Uncertainty Oil prices surged Tuesday and U.S. stocks fell in volatile trading as President Donald Trump's 8 p.m. ET deadline for Iran to reopen the Strait of Hormuz approached without a clear resolution. The price of U.S....

By The Daily Catalyst AI · 4 min read

Oil Jumps Above 17 as Trump's Hormuz Deadline Looms, Stocks Slip on War Uncertainty

JCI Falls as Asian Markets Whipsaw on Oil Shock and War Anxiety

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Feature· 5 min

JCI Falls as Asian Markets Whipsaw on Oil Shock and War Anxiety

# JCI Falls as Asian Markets Whipsaw on Oil Shock and War Anxiety Indonesia's benchmark stock index opened in the red Wednesday as escalating geopolitical tensions in the Middle East rattled global markets and drove investors into risk-off mode, with the Jakarta Composite Index (JCI) shedding 43 po...

Apr 6, 2026

OPEC+ Approves Symbolic Output Hike as Iran War Cuts 15% of Global Supply

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Feature· 3 min

OPEC+ Approves Symbolic Output Hike as Iran War Cuts 15% of Global Supply

# OPEC+ Approves Symbolic Output Hike as Iran War Cuts 15% of Global Supply OPEC+ ministers are poised to approve an oil output increase on Sunday, but the move will exist largely on paper as key producers remain paralyzed by the U.S.-Iran war that has choked the world's most critical oil artery....

Apr 6, 2026

U.S. Jobs Rebound Surprises Markets with 178,000 Gains as War-Driven Volatility Tests Economic Resilience

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Feature· 6 min

U.S. Jobs Rebound Surprises Markets with 178,000 Gains as War-Driven Volatility Tests Economic Resilience

# U.S. Jobs Rebound Surprises Markets with 178,000 Gains as War-Driven Volatility Tests Economic Resilience The U.S. labor market delivered a stunning upside surprise in March, defying expectations of weakness and demonstrating remarkable resilience even as geopolitical turmoil rattles financial ma...

Apr 5, 2026

Tesla Misses Q1 2026 Delivery Estimates, Stock Logs Worst Drop of Year as EV Transition Stalls

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Feature· 5 min

Tesla Misses Q1 2026 Delivery Estimates, Stock Logs Worst Drop of Year as EV Transition Stalls

Tesla delivered 358,023 vehicles in the first quarter of 2026 — missing Wall Street estimates, falling sharply from the prior quarter, and triggering the stock's worst single-day decline of the year. Shares dropped more than 5% on Thursday, extending a year-to-date loss of 20% that has now wiped out...

Apr 3, 2026

Iran and Oman Draft Hormuz Monitoring Protocol as Trump Threatens 'Stone Age' Escalation

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Feature· 5 min

Iran and Oman Draft Hormuz Monitoring Protocol as Trump Threatens 'Stone Age' Escalation

Oman and Iran are drafting a protocol to "monitor" transit through the Strait of Hormuz — the first concrete diplomatic signal since the waterway effectively closed in late February — but markets whipsawed violently on Thursday as President Donald Trump simultaneously threatened to "bring Iran back...

Apr 3, 2026

Indonesia's War Dead in Lebanon: UNIFIL Peacekeeper Killed as the Iran War's Shockwaves Reach Jakarta

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Feature· 5 min

Indonesia's War Dead in Lebanon: UNIFIL Peacekeeper Killed as the Iran War's Shockwaves Reach Jakarta

# Indonesia's War Dead in Lebanon: UNIFIL Peacekeeper Killed as the Iran War's Shockwaves Reach Jakarta The Iran war came home to Indonesia on Monday morning. The Indonesian Foreign Ministry confirmed that one of its peacekeepers was killed and three others were injured after indirect artillery fir...

Mar 31, 2026

Trump Threatens to Seize Iran's Kharg Island as Brent Logs Record 59% Monthly Surge

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Feature· 5 min

Trump Threatens to Seize Iran's Kharg Island as Brent Logs Record 59% Monthly Surge

# Trump Threatens to Seize Iran's Kharg Island as Brent Logs Record 59% Monthly Surge and Asia Markets Brace for Fresh Shock Oil markets opened Tuesday on the edge of history. Brent crude is on course to post its largest monthly gain ever recorded — a staggering 59% rise since March 1 — as U.S. Pre...

Mar 31, 2026

Pakistan Brokers Hormuz Diplomacy as Saudi Pipeline and UN Mechanism Offer a Partial Lifeline

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Feature· 5 min

Pakistan Brokers Hormuz Diplomacy as Saudi Pipeline and UN Mechanism Offer a Partial Lifeline

# Pakistan Brokers Hormuz Diplomacy as Saudi Pipeline and UN Mechanism Offer a Partial Lifeline In a flurry of weekend diplomacy that offered the clearest signal yet of a potential off-ramp from the Iran oil crisis, Pakistan convened senior delegations from Saudi Arabia, Turkey, and Egypt in Islama...

Mar 30, 2026

Houthis Fire First Salvo at Israel, Oil Surges Past $100 as the War Expands to a Second Front

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Feature· 5 min

Houthis Fire First Salvo at Israel, Oil Surges Past $100 as the War Expands to a Second Front

# Houthis Fire First Salvo at Israel, Oil Surges Past $100 as the War Expands to a Second Front Oil markets jolted sharply higher on Sunday after Yemen's Houthi militants launched their first missile strike against Israel since the U.S.-Israeli war against Iran began in late February — an escalatio...

Mar 30, 2026

Goldman Sachs Names It: The Hormuz Blockade Is Now the Largest Oil Supply Shock in History

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Feature· 5 min

Goldman Sachs Names It: The Hormuz Blockade Is Now the Largest Oil Supply Shock in History

# Goldman Sachs Names It: The Hormuz Blockade Is Now the Largest Oil Supply Shock in History On Sunday, Goldman Sachs made it official. In a note to clients published over the weekend, the bank's commodity analysts — led by Daan Struyven — raised their 2026 Brent crude forecast to $85 a barrel from...

Mar 29, 2026

The 52% Threshold: Markets Now Bet the Fed's Next Move Is a Hike, Not a Cut

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The 52% Threshold: Markets Now Bet the Fed's Next Move Is a Hike, Not a Cut

# The 52% Threshold: Markets Now Bet the Fed's Next Move Is a Hike, Not a Cut For the first time since the Iran war began, traders in the futures market have crossed a psychological Rubicon: as of Friday morning, the probability of a Federal Reserve rate *hike* by the end of 2026 jumped to 52%, acc...

Mar 29, 2026

Oil tanker ship in the Gulf. (Photo: Pexels)

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Feature· 2 min

Iran Signals Clear Path for Pertamina Tankers Through Strait of Hormuz Amid Conflict

# Iran Signals Clear Path for Pertamina Tankers Through Strait of Hormuz Amid Conflict In a significant development for Indonesia's energy security, Iran has signaled it will allow Pertamina's oil tankers to safely traverse the Strait of Hormuz—a critical chokepoint now reopened after weeks of geop...

Mar 28, 2026

Asia's Dollar-Oil Trap: Rupiah, Rupee, Won All Buckle as Iran War Squeezes the Region's Currencies

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Feature· 5 min

Asia's Dollar-Oil Trap: Rupiah, Rupee, Won All Buckle as Iran War Squeezes the Region's Currencies

From the rupiah to the rupee to the South Korean won, Asia's currencies are being squeezed in a vice built from two sides: oil priced in dollars is surging, and the dollar itself is strengthening as global investors flee risk. The result is a slow-motion balance-of-payments shock rippling across the...

Mar 28, 2026

Rubio Warns Iran War to Last 'Weeks More' as Oil Hits $114 and Wall Street Extends Losing Streak

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Feature· 4 min

Rubio Warns Iran War to Last 'Weeks More' as Oil Hits $114 and Wall Street Extends Losing Streak

Crude oil hit its highest price since the Iran war began on Friday as U.S. Secretary of State Marco Rubio told G7 allies the conflict would last "weeks, not months" — a timeline that sent markets reeling and confirmed what investors have been dreading: there is no quick exit from the energy shock co...

Mar 28, 2026

Indonesia Arm-Twists Europe With $5.6 Billion Trade Weapon in Palm Oil Showdown

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Indonesia Arm-Twists Europe With $5.6 Billion Trade Weapon in Palm Oil Showdown

# Indonesia Arm-Twists Europe With $5.6 Billion Trade Weapon in Palm Oil Showdown Indonesia has escalated its long-running trade war with the European Union to its most serious point yet, formally requesting authorisation from the World Trade Organization to impose retaliatory tariffs and trade sus...

Mar 28, 2026

Dow Confirms Correction as Iran War Caps Wall Street's Fifth Straight Weekly Loss

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Dow Confirms Correction as Iran War Caps Wall Street's Fifth Straight Weekly Loss

# Dow Confirms Correction as Iran War Caps Wall Street's Fifth Straight Weekly Loss The United States stock market closed Friday in its darkest session in weeks, with the Dow Jones Industrial Average falling 800 points to confirm a correction — a decline of more than 10% from its peak — as persiste...

Mar 28, 2026

Indonesia's Trade Minister Budi Santoso responds to media at the Trade Ministry office in Jakarta regarding the U.S. trade agreement ratification. (Photo: Detik)

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Brief· 2 min

Indonesia Trade Deal Faces Legal Challenge as Government Defends Ratification Process

## Government Reassures on ART Ratification Despite Court Challenge Indonesia's government has moved to quell concerns over the ratification process of its new trade agreement with the United States, asserting that proceedings will follow established legal procedures despite being challenged in cou...

Mar 27, 2026

Asia's Central Banks Go Into Emergency Mode as Korea Launches $3.3 Billion Bond Buyback and Philippines Calls Surprise Rate Meeting

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Feature· 5 min

Asia's Central Banks Go Into Emergency Mode as Korea Launches $3.3 Billion Bond Buyback and Philippines Calls Surprise Rate Meeting

# Asia's Central Banks Go Into Emergency Mode as Korea Launches $3.3 Billion Bond Buyback and Philippines Calls Surprise Rate Meeting Asian central banks have begun deploying emergency market stabilization measures, with South Korea announcing a 5 trillion won ($3.3 billion) emergency bond buyback...

Mar 27, 2026

Asian Stocks Extend Global Rout as War-Driven Oil Shock Hammers Bonds and Crushes Risk Appetite

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Feature· 5 min

Asian Stocks Extend Global Rout as War-Driven Oil Shock Hammers Bonds and Crushes Risk Appetite

# Asian Stocks Extend Global Rout as War-Driven Oil Shock Hammers Bonds and Crushes Risk Appetite Asian equity markets were swept into a deepening global sell-off on Friday, March 27, as the threat of a protracted energy crisis stemming from the ongoing U.S.-Israel war on Iran sent bond yields spir...

Mar 27, 2026