NEW YORK, March 3 (Reuters) - New York Federal Reserve President John Williams said on Tuesday the U. central bank is on track for more interest rate cuts if ‌inflation pressures moderate as he expects, but he did not address the impact of the ‌Iran confl

The revitalization of Venezuela’s oil industry following U.S. intervention threatens the market for Ecuador’s heavy crude, compounding the country's existing struggles with declining production, infrastructure failures, and fiscal challenges.

Britain’s unemployment rate is forecast to climb this year to its highest level since the pandemic, the Office for Budget Responsibility (OBR) has said.

Iraq has begun curtailing oil production at key southern fields, including Rumaila, while West Qurna 2 is also shutting in roughly 460,000 barrels per day, according to Iraqi oil officials.

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The fresh wave of Israeli-led attacks has jolted markets that on Monday mostly managed to shake off the initial shock of the outbreak.

The US and Israeli attacks on Iran have pushed up oil prices, adding fresh uncertainty to a US economy already facing stubborn inflation and weak hiring.View on euronews

A decision to tap the Energy Department’s Strategic Petroleum Reserve could help stanch prices spikes, at least temporarily. “The Trump Administration’s policies have led to the highest production of U.S. oil ever with even more oil from our newfound mar

Airline stocks were among Monday's biggest losers, and their declines are poised to continue on Tuesday, data shows.

Eurozone inflation rose to 1.9% in February, above expectations, before Middle East tensions sent oil and gas prices sharply higher.View on euronews

Stock futures plunged and energy prices soared Tuesday as fears spread through global markets that the Iran war may bring prolonged disruption

Oil prices continue to surge as the conflict in the Middle East intensifies, with Iran threatening to close the Strait of Hormuz and US officials suggesting a prolonged military operation.

Shorter-dated bonds led the move, with the two-year yield jumping as much as 12 basis points to 3.59%. The chance of a second quarter-point Fed reduction in borrowing costs this year fell to about 50%, whereas traders were pricing two cuts as recently as

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Many recent college graduates, especially those with 37 specific majors, are having a harder time finding employment compared to all workers.