World Business NewsBangladesh shuts fertiliser factories as Middle East crisis strains gas supply
Production halted at Chittagong Urea Fertilizer Limited and Karnaphuli Fertilizer Company Limited to conserve gas supplies
World Business NewsProduction halted at Chittagong Urea Fertilizer Limited and Karnaphuli Fertilizer Company Limited to conserve gas supplies
HeadlinesUrea prices jump as global fertiliser supply tightens; Weeks-long shutdown would prevent supplies reaching farmers for spring
World Business NewsJPMorgan warns Kuwait may cut output in 18 days and UAE in 22 days if vessels are not rerouted amid ongoing conflict
World Business NewsSays prices will fall after conflict, adds Iran operation more important than short-term rise at pump; rules out tapping the Strategic Petroleum Reserve
World Business NewsUS issues 30-day waiver allowing India to buy Russian oil stranded at sea; Iran conflict disrupts Middle East supplies as India, reliant on 40% of crude via Strait of Hormuz, turns to 20 million barrels of Russian oil purchases
World Business NewsWorld's second-largest economy gets about 45% of its oil from the Strait
HeadlinesAll 10 analysts expect policy rate to stay at 10.5%; Rising oil prices seen lifting inflation; Higher energy costs could delay further rate cuts
Real estateAldar and Emaar shares fall 5% as developer bonds drop sharply and funding markets tighten for UAE property firms
World Business NewsGold prices to remain volatile due to uncertainty, analyst says; Spot silver rises 1.3% to $84.50, Platinum climbs 1.6% to $2,183.44, while palladium remains steady at $1,674.89
World Business NewsQantas, Cathay Pacific shares rise after falls earlier in the week; Emirates and Etihad operate limited number of services through UAE safe air corridor
World Business NewsWorld’s second-largest crude producer Iraq cuts output by nearly 1.5 million barrels a day amid storage crunch; Qatar declares force majeure on gas exports; Strait of Hormuz shipping slows to near-halt
World Business NewsOil climbs on supply concerns as Brent rises 2.49% to $83.43, U.S. crude gains 3.01% to $76.91; gold up 0.84% to $5,178.42 an ounce