Global Economy – SRK Analytics

Close-up of a vintage gas pump station showing fuel prices and octane ratings in Los Angeles.

Treasury Secretary Scott Bessent Projects Oil Prices Falling to $40 and Lower Bond Yields Post-Iran Conflict

Treasury Secretary Scott Bessent predicts oil prices could drop to $40 per barrel following the Iran conflict, easing recent bond yield surges.

Prasenjit Bhowmik October 17, 2026

Business Insights

Diesel Prices Reach Record Highs Amid Global Refinery Disruptions and Inflation Fears

Diesel prices surge to unprecedented levels as ongoing conflicts in Ukraine and Iran disrupt critical oil refining infrastructure and fuel inflation.

Prasenjit Bhowmik October 4, 2026

From above of small American flag placed on stack of 20 dollar bills as national currency for business financial operations

Business Insights

European Union Joins US-Led Operation Economic Outcast As Iran Responds

The European Union officially joins the US-led Operation Economic Outcast, prompting strong reactions from Iranian officials amid global financial talks.

Prasenjit Bhowmik September 24, 2026

Stunning aerial view of a large ship in the port of Batumi, Georgia, surrounded by lush mountains.

Emerging Market

Chevron Commits 7 Billion Dollars to Boost Venezuela Oil Production

Chevron plans a 7 billion dollar investment in Venezuela to double daily oil production to 600000 barrels, reshaping energy markets.

Prasenjit Bhowmik September 12, 2026

Captivating action shot of a surfer riding the powerful waves of El Salvador's coast.

Business Insights

Supersized El Nino Threatens Global Economy with Extreme Weather Until 2027

New UN modeling warns a supersized El Nino will drive severe floods, droughts, and heatwaves, posing serious risks to the global economy until 2027.

Prasenjit Bhowmik September 11, 2026

Protest in Stockholm with Iranian flags and social issue slogans.

Market

How U.S. Iran Conflict Reshapes Global Politics and Economy

Explore the profound global impacts of the U.S. Iran conflict on international relations, energy markets, and worldwide economic stability.

Prasenjit Bhowmik September 6, 2026

Market

Yen Rally Stalls as Markets Speculate on Further Japanese Intervention

TOKYO — The Japanese yen experienced highly volatile trading sessions this week as its recent intervention-fueled rally began to lose momentum. Financial markets are now on high alert, with traders…

Prasenjit Bhowmik August 1, 2026

Emerging Market

Apple Achieves Record June Revenue as Tim Cook Prepares to Exit CEO Role

Apple Inc. has reported its strongest June quarter on record, delivering a financial performance that exceeded Wall Street expectations as the company prepares for a significant leadership transition. The technology…

Prasenjit Bhowmik July 31, 2026

Emerging Market

Visa Announces Workforce Reduction of 2,600 Jobs in Strategic Efficiency Drive

Visa, the global leader in digital payment processing, announced on Tuesday its intention to reduce its total workforce by approximately 7%. This strategic move will result in the elimination of…

Prasenjit Bhowmik July 30, 2026

Business Insights

Oil Prices Decline Following Two-Day Pause in U.S.-Iran Military Actions

Global crude oil prices experienced a notable decline over the weekend following a two-day pause in direct military actions between the United States and Iran. Financial markets reacted with cautious…

Prasenjit Bhowmik July 27, 2026