The World Bank has a stark message for the global economy this week: energy is about to get a lot more expensive, and the reason is war. In its latest Commodity Markets Outlook, published on April 28, the Bank projects that global energy prices will surge 24% in 2026 —…
Stocks recovered sharply from session lows after Israel committed to helping reopen the Strait of Hormuz, though all three major indexes still finished lower amid a hawkish Federal Reserve and surging energy prices. By Artha Journal U.S. equity markets endured their second consecutive losing session Thursday, as a late-afternoon recovery…