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The Business Standard

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October 26, 2026

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MONDAY, OCTOBER 26, 2026

global economy

World+BizUSAAsiaSouth AsiaMiddle EastChinaEurope
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global economy

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Representational image. Photo: Courtesy

Global crude oil prices hit six-month high on Middle East conflict, fears of US strikes on Iran

Brent crude climbs to $116.72 a barrel, its highest close since April, as fears of potential US strikes on Iran and attacks on Saudi energy infrastructure fuel supply concerns.

A logo of the Exxon Mobil Corp is seen at the Rio Oil and Gas Expo and Conference in Rio de Janeiro, Brazil September 24, 2018. Photo :Reuters

Shell and Exxon’s $8b UK chemicals unit put up for sale

3D-printed oil pump jacks and the QatarEnergy logo appear in this illustration taken March 2, 2026. Photo: Collected

QatarEnergy signs long-term deals to buy up to 4m tonnes of US LNG annually

Representational image. Photo: Courtesy

Oil jumps as drone attack on Saudi oil field sparks supply disruption fears

Bottles of Heineken beer are displayed in a cooler at a bar in Gurugram, India, November 26, 2024. Photo: Reuters

Heineken ordered to pay €111 million in damages, interest to Greek rival

A logo of Semiconductor and memory chip company SK Hynix during the company's debut at the Nasdaq market in New York City, U.S., July 10, 2026. Photo:Reuters

Samsung, SK Hynix upgrading China plants to make more advanced chips, people say

A drone view shows electric vehicles (EV) for export and containers sitting at a port in Shanghai, China April 13, 2025. Photo: China Daily via REUTERS/File Photo

China's economy picks up pace in Q3 as exports power uneven recovery

International Monetary Fund (IMF) Managing Director Kristalina Georgieva speaks on the balance of "optimism and worry" surrounding the global economic outlook. Addressing a press briefing following the conclusion of annual meetings in Bangkok, she emphasized the IMF's commitment to supporting low-income nations grappling with inflation, debt burdens, and energy price shocks. Photo: Collected

IMF chief flags 'optimism', 'worry' after Bangkok annual meetings

US President Donald Trump and Indian Prime Minister Narendra Modi. Photo: Reuters

Trump waives planned 100% tariffs targeting India a day before deadline

European Central Bank President Christine Lagarde addresses a press conference following the ECB Governing Council meeting at the ECB headquarters in Frankfurt, Germany,  23 July, 2026. Photo: Reuters

WEF could appoint Lagarde as next chair as early as November: Sources

Representational photo.

Diesel supplies to remain 'tight' into 2027: IEA

Illustration: Ashrafun Naher Ananna/TBS Creative

Middle East, Central Asia economies to shrink 0.3% in 2026: IMF

A person holds up a phone next to the IMF/World Bank 2026 Annual Meetings at the Queen Sirikit National Convention Center (QSNCC) in Bangkok, Thailand, on 12 October 2026. Photo: Reuters

AI investment lifts global growth to 3.1% this year, but war and debt cloud outlook: IMF

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