- The Commerce Commission monitors petrol companies in NZ as conflict resolution impacts global oil prices.
- The Middle East conflict is causing oil price increases and inflation, leading central banks to manage policy amid global pressures.
- Middle East conflicts are impacting global supply chains, leading to increased raw material costs that affect the Bank of England's management of inflation and interest rates in Great Britain.
Aberdeen is facing economic damage due to the anti-oil/gas crusade, evidenced by shifts in trade and the decline of the local energy sector.
1 report, 1 independent
Updated Jun 17
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What happened
Aberdeen is facing economic damage due to the anti-oil/gas crusade, evidenced by shifts in trade and the decline of the local energy sector.
Who's involved
What this event is mainly aboutKeep exploring
Part of
Middle East conflicts are impacting global supply chains, leading to increased raw material costs that affect the Bank of England's management of inflation and interest rates in Great Britain.Also in this story
- The conflict in the Middle East is impacting global supply chains and causing economic trends that affect the UK retail sector.
- S&P Global notes subdued services growth as lower oil prices ease pressure on the Bank of England amid inventory building due to Middle East disruptions.
- US-Iran conflict renews tensions in the Middle East.
The entities involved
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Aberdeen
city in Scotland, United Kingdom
- Douglas Lumsden is elected to represent Aberdeen South, an outcome that also boosts Kemi Badenoch's political profile.
- Dana Petroleum, an oil firm headquartered in Aberdeen, is facing scrutiny after being accused of profiting from the occupation and granted exploration licenses in Palestinian waters.
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Middle East
geopolitical region encompassing Egypt and most of Western Asia, including Iran