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From: Counting the Cost
Can Asian economies cope with the fallout from the Iran war?
Fuel costs, inflation and debt pressures are testing Asian economies.
Published On 7 May 2026
Africa sees winners and losers as Iran war pushes up energy prices
Several African countries have sought financial help due to economic uncertainty caused by the war on Iran.
EXPLAINER
What is China’s anti-sanctions law and how does it work?
Beijing’s order blocking US sanctions on five oil refineries marks first invocation of 2021 law.
Toronto World Cup tickets to be resold for face value on FIFA Marketplace
Tickets for matches at other venues may be listed above face value on the official resale and exchange marketplace.
SpaceX backs Anthropic with data centre deal amidst Musk’s OpenAI lawsuit
Deal gives IPO-bound SpaceX a marquee customer, while helping Anthropic ease capacity constraints.
‘Supercharged’ donations: How far-right Reform UK built a global network
Reform UK’s rise is backed by individual donors, overseas trips and networks that contrast with its nationalist message.
Has the US accepted Iran’s demand to settle Hormuz first, nuclear later?
US pauses Hormuz escorts after Pakistan-led mediation gains traction, signalling shift towards a limited framework deal.
Low US hotel bookings paint grim hospitality picture at the World Cup
Report says several factors, including visa barriers and geopolitical concerns are to be blamed for low booking numbers.
Saudi Arabia posts $33.5bn budget deficit amid drop in oil sales
Kingdom announces sharp rise in budget shortfall amid the effective closure of the Strait of Hormuz.
US petrol prices 50 percent higher than before war on Iran
The average price of petrol in the United States has reached $4.48 per gallon, according to AAA.
