Economy
India’s Central Bank Held Rates at 5.25 Percent. Then Brent Crashed 16 Percent
RBI kept repo at 5.25% on April 8. Forecasts assumed $120 oil and Hormuz disruption. Brent crashed 16% hours later. GDP cut to 6.9%, rupee at record 95.22.
Asia Pacific
The Islamabad Talks Failed. Here Is What That Actually Means for the Economy.
Islamabad talks collapsed. Trump ordered a Hormuz blockade. Here is what the breakdown means for oil prices, the Federal Reserve and Monday's bank earnings season.
Americas
US Inflation Jumped to 3.3% in March. The Fed Has Nowhere to Go.
US CPI rose to 3.3% in March 2026, the highest since April 2024. Energy prices from the Hormuz closure drove the jump. Here is what it means for the Fed.
Economy
Three Tankers Just Transited Hormuz on a Route Iran Does Not Control. The Blockade Has a Crack.
Three Omani tankers bypassed Iranian waters through a southern coastal route on April 2. Windward data, insurance risks, and the April 6 deadline explained.
Economy
Europe Has the Money. It Does Not Have the Confidence to Spend It.
Euro area saving rate stuck at 15% despite 8 ECB rate cuts. Survey shows half of households save from fear of taxes, half from income anxiety. The war made it worse.
Economy
Europe’s Energy Bill Just Doubled. The ECB Cannot Cut Rates Into an Oil Shock.
ECB held at 2.00% and raised 2026 inflation to 2.6%. Growth cut to 0.9%. Markets now price hikes, not cuts. Europe's energy import bill just doubled.
Americas
The Fed Cannot Cut, Cannot Hike, and Cannot Explain Why.
The US lost 92,000 jobs in February. Wages rose 3.8%. Oil is up 55% in March. The Fed is frozen. The March jobs report drops on Good Friday. Iran deadline Sunday.
Economy
Four Central Banks Froze Rates in 48 Hours. The Easing Cycle Did Not Survive the Third Week of War.
The Fed, BoE, ECB and BOJ all froze rates within 24 hours. The BoE voted 9-0 for the first time since 2021. Markets now price hikes, not cuts. The cycle is over.
Economy
Iran Just Knocked Out 17 Percent of Qatar’s LNG Capacity. Repairs Will Take Up to Five Years.
Iran struck Ras Laffan and knocked out 17% of Qatar's LNG capacity for 3-5 years. The $20B annual revenue loss has no substitute. Global LNG has zero slack.
Economy
Eurozone Industrial Output Just Fell for the Second Straight Month. The Energy Shock Has Not Even Landed Yet.
Eurozone industrial output fell 1.2% year-on-year in January as Goldman cut growth to 1%. The ZEW crashed 58.8 points. The energy shock has barely started.
Economy
Four Central Banks, One Week, Zero Answers on Oil
The ECB and Bank of England both decide on March 19. Both hold. The ECB releases updated staff projections - the first since Hormuz closed.
