Energy bills set to rise by £209 from July as experts issue dire winter warning Energy cap prediction now £1,850 for a typical dual fuel household, a 13% increase The Independent UK · May 19
Iran peace proposal includes reparations, US troop exit US President Donald Trump claims he's held off a strike on Iran after Tehran issued a new peace proposal, saying there's "very good chance" of a nuclear deal. AAP · May 19
Asian shares trade mixed and Kospi falls 3% as oil prices keep swinging Asian shares are mixed as uncertainty about what will happen with the Iran war roils global markets AAP · May 19
JD Vance says US remains ‘locked and loaded’ to restart military campaign as Iran warns of ‘new fronts’ – as it happened US vice-president says Iran must agree to never have a nuclear weapon; Tehran warns US against resuming hostilities The Guardian - UK · May 19
UK unemployment rate rises as pressures from Iran war hits job market THE UK unemployment rate has risen in the three months to March as the pressure stemming from the Iran war begins to show in economic reports The National (Scotland) · May 19
The UAE's image as a Middle Eastern haven is tested by the Iran war The United Arab Emirates for decades advertised itself as a haven for business in the Middle East AAP · May 19
No feelgood factor for Reeves as Iran war snuffs out economic upturn Rise in unemployment and weak pay growth underline how tough this year will be for UK households The Guardian - UK · May 19
Forget tariffs and the Iran oil shock—a top economist says the Fed is blind to the real inflation threat "We have an aggregate demand issue, not a supply disruption issue," says William Luther, an associate professor at Florida Atlantic University. Fortune · May 19
High gas prices are just the beginning: How the Iran war is changing the global energy map The largest global energy-supply shock in history is causing chaos around the world. Here are the winners and losers. Fortune · May 19
Ashish Kacholia-backed smallcap stock tanks 34% in just two sessions. What’s behind the selloff? Jain Resource Recycling shares plunged up to 19% after reporting operational disruptions caused by Iran–Israel geopolitical tensions, which hit supply chains, raised shipping costs and compressed Q4 margins. Despite the near-term impact, the company reported strong revenue and profit growth, while signalling improving conditions and normalising costs in Q1FY27. The Economic Times · May 19
Euronews · May 19 Oil prices slip as Trump calls off planned military strike on Iran Oil prices fell on Tuesday as Donald Trump announced he was calling off a planned military attack on Iran.
The Economic Times · May 19 India bonds gain as traders cover shorts after oil-led selloff Indian government bonds saw a slight recovery Tuesday as traders covered short positions after a steep selloff. Concerns over the U.S.-Iran conflict and its impact on India's oil imports and a weakening rupee are keeping markets on edge, potentially delaying interest rate cuts. Overnight swap rates eased as opportunistic buying…
The Economic Times · May 19 Markets enter rotation phase as yields stay elevated and AI trade cools: Matt Orton Global markets are entering a selective phase driven by rising bond yields and persistent inflation, shifting investor focus from AI-led rallies. Strategist Matt Orton notes that geopolitical uncertainties, particularly Iran-US relations, require concrete progress for market impact.
The Guardian - UK · May 19 UK wage growth slows and unemployment rate rises as companies react to Iran war – as it happened Jobless rate unexpectedly rises to 5% and employment falls by 100,000, biggest drop in six years; economists say June interest rate hike looks less likely
AAP · May 19 FED:Aussie shares rebound after Trump postpones new attack The ASX rose 1.2 per cent in its best day of gains since May 6 after Donald Trump said he was scrapping plans for another attack on Iran.
Euronews · May 19 Newsletter: Europe braces for a more hostile economic order Also in this newsletter: NATO military chiefs meet in Brussels amid concerns over weapons shortages.
The Guardian - UK · May 19 UK unemployment unexpectedly rises to 5% as firms squeezed by Iran war Pay growth eases to 3.4% as businesses face pressure from soaring energy costs
The Independent UK · May 19 India vows to keep purchasing Russian oil, US ‘waiver or no waiver’ India’s imports from Russia has hit record levels driven by the disruption of Middle Eastern supplies from the Iran war
Radio France Internationale · May 19 Putin visits China after Trump trip fails to shift Xi on Ukraine Russian President Vladimir Putin was in China on Tuesday for a two-day state visit, just days after Donald Trump completed a closely watched trip to Beijing that produced headlines on trade but no clear breakthrough on Ukraine or Iran.
The Independent UK · May 19 The UAE's economy and image as Mideast haven are tested by war The United Arab Emirates for decades advertised itself as a haven for business in the Middle East