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The Business Standard

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May 20, 2026

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WEDNESDAY, MAY 20, 2026

global economy

World+BizUSAAsiaSouth AsiaMiddle EastChinaEurope
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global economy

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ADB launches new financing facility to boost critical minerals supply chains in Asia-Pacific

ADB launches new financing facility to boost critical minerals supply chains in Asia-Pacific

“Critical minerals will shape the next industrial era,” said ADB President Masato Kanda at ADB’s 59th Annual Meeting

A drone view of a pump jack and drilling rig south of Midland, Texas, US June 11, 2025. Photo: REUTERS

Iraq sends first oil convoy to Syria through al-Yarubiyah in 14 years

Russian energy resources account for more than 80% of cargo on the Northern Sea Route. Photo: Denis Pomortsev/Zoonar/picture alliance

Why the Northern Sea Route is a risky bet for global trade

Japan's Prime Minister Sanae Takaichi shakes hands with Vietnam's Prime Minister Le Minh Hung during a welcoming ceremony in Hanoi, Vietnam, May 2, 2026. Photo: REUTERS/Thinh Nguyen

Japan, Vietnam seek deeper partnership with energy and minerals push

Labourers plant rice saplings in a field in Gaggarpur village in the northern state of Haryana, India, 21 June 2025. Photo: Reuters

From surplus to strain: World rice supply threatened by Iran war, El Nino

A model of an oil pump is seen in front of a Russian flag in this illustration taken January 9, 2026. Photo: Reuters

Russia says OPEC+ will continue after UAE exit, no price war expected

A drone view of a pump jack and drilling rig south of Midland, Texas, US June 11, 2025. Photo: REUTERS

Oil prices jump 5% on fears of prolonged Hormuz blockade

Representational image. Photo: Collected

Visa shares climb as profit beat, raised forecast ease Middle East jitters

Employees fill plastic bottles with edible oil at an oil refinery plant of Adani Wilmar Ltd, in Gujarat, India, June 10, 2009. Photo: REUTERS/Amit Dave/File Photo

India's AWL flags 20% rise in oil-linked costs amid Middle East conflict

Men walk past in front of an electric screen showing Japan's Nikkei share average outside a brokerage in Tokyo, Japan, August 5, 2019/ Reuters

Asian shares fall, oil prices rise as Iran war talks stall

FILE PHOTO: A 3D printed oil pump jack is seen in front of displayed Opec logo in this illustration picture, April 14, 2020. REUTERS/Dado Ruvic/Illustration

UAE leaves OPEC and OPEC+ in major blow to global oil producers' group

Sketch: TBS

A war the world pays for

A drone view of a pump jack and drilling rig south of Midland, Texas, US June 11, 2025. Photo: REUTERS

Oil rises 1% as US-Iran peace talks stall

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