Japan’s government is capping gasoline prices at levels below last year’s average and is also releasing crude oil from stockpiles to prevent shortages. However, should crude oil prices rise much...

The impact of the conflict in the Middle East on energy markets and the UK economy remains highly uncertain. As things stand, we suspect the most likely scenario is one in which the conflict comes to...

The conflict in the Middle East will lead to sharp falls in GDP in the Gulf economies and weigh on energy importers, especially in Asia. EM energy producers outside the Gulf will see a terms-of-trade...

Inflation in Brazil fell to 3.8% y/y in February which keeps an interest rate cut in play at next week’s meeting, despite the energy price shock. Much will depend on developments in the Middle East...