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Cargo ships in the Gulf, near the Strait of Hormuz, as seen from northern Ras al-Khaimah, near the border with Oman’s Musandam governance, amid the US-Israeli conflict with Iran, in United Arab Emirates, March 11, 2026. Photo: File/Reuters

Iran war saddles global companies with $25b bill - and counting

At least 279 companies have cited the war as a trigger for defensive actions to blunt the financial hit, including price increases and production cuts

Indian twenty rupee currency notes are displayed at a roadside currency exchange stall in New Delhi, India, May 24, 2024. Photo: REUTERS/Priyanshu Singh/File Photo

Indian rupee hits record low as global bond yield surge compounds oil pain

A woman walks in front of a screen displaying Evergrande's stock prices, among others, outside the Exchange Square, after a court ordered the liquidation of China Evergrande Group, in Hong Kong, China, 29 January 2024. REUTERS/Lam Yik/File Photo

Oil rises, Asian stocks sink on US-Iran deadlock

The world's first methanol-fueled container vessel Laura Maersk, owned by shipping company Maersk, is seen in Copenhagen, Denmark September 14, 2023. REUTERS/Jacob Gronholt-Pedersen/File Photo

G7 finance chiefs seek to tackle imbalances as trade strains unity

A woman walks past a Commonwealth Bank of Australia (CBA) logo displayed above a branch in Sydney, Australia, October 15, 2025. Photo: REUTERS/Hollie Adams

Asia Pacific banks face growing credit risks, raise provisions as Iran war drags on

Bruce Flatt, Chief Executive Officer of Brookfield Asset Management (BAM), poses in front of the company's logo in Tokyo, Japan, May 16, 2019. Photo: REUTERS/Hideyuki Sano

Brookfield set to acquire World Freight Company in $1.2b deal: Sources

The sun sets behind a crude oil pump jack on a drill pad in the Permian Basin in Loving County, Texas, US November 24, 2019. Photo: REUTERS/Angus Mordant/File Photo

Oil prices slip on teetering Iran ceasefire as Trump heads to China

Representational image. File Photo: Reuters

Dollar gains as Trump says Iran peace offer 'unacceptable'

A person holds a Nintendo Switch 2 game console's box as Nintendo starts selling the new consoles globally, at an electronics store in Tokyo, Japan June 5, 2025. Photo: REUTERS/Issei Kato

Nintendo shares slump as price hikes, games shortfall spook market