COGNICURRENT

With the decreased likelihood of an early end to the U.S.-Iran war, South Korea must heighten its crisis response to prepare for the economic impacts of sustained high oil prices.

Concerns grow that persistently high oil prices, exacerbated by the US-Iran conflict, could drive South Korea's economic growth rate down to 0% if such conditions continue for over a year.

Volatility is expected to remain high on the Athens Stock Exchange as investors focus on military, energy, and geopolitical developments in the Middle East.

A Moody's chief economist warns that ongoing conflicts in Iran could push the U.S. economy into a recession, with current models indicating over a 50% risk if high oil prices persist.

The IEA is contemplating releasing additional oil reserves to mitigate high prices resulting from the ongoing crisis in the Strait of Hormuz.

Increased volatility in the Athens Stock Exchange was observed today, with buyers managing to recover from intraday losses thanks to a decrease in oil pressures, pushing the index to an 18-year high for ELPE.

A new survey reveals that Polish opinions lean toward tolerating high fuel prices rather than easing sanctions on Russia, following the U.S. decision to partially suspend sanctions on Russian oil amidst price hikes influenced by geopolitical tensions.

Oil prices initially rose to over $106 but fell to $102.31 on Monday despite staying above the $100 mark.

A report by a South Korean research institute warns that escalating conflict in the Middle East, particularly the US-Iran tensions, could significantly increase production costs across South Korea's manufacturing sector due to rising oil prices and potential logistics disruptions.

Antoine Halff, co-founder of Kayrros, expresses concerns over the potential for significant increases in oil prices due to the ongoing Middle East crisis.

The Korean won has crossed the 1500 mark against the dollar for the first time in 17 years amid rising global oil prices and a strong dollar.

The Argentine peso has appreciated to levels similar to those in 2017 amidst rising global oil prices, but inflation remains persistently high and economic activity is sluggish.

Oil prices increased as concerns over navigation through the Strait of Hormuz and potential U.S.-Iran agreements linger.

Since the onset of the conflict in the Middle East, fuel prices in the United States have surged by 24%, reaching a record high of $3.699 per gallon.

Individual investors are pouring money into oil prices, driven by extreme volatility in global energy markets caused by the war in Iran.

The article discusses how the ongoing conflict disproportionately affects Europe compared to the United States, with Europe facing high oil prices while the U.S. stands to profit.

High oil prices, driven by geopolitical tensions, pose a significant risk to economic growth across Africa, with potential impacts including fuel shortages and increased costs of living.

The South Korean government, following President Yoon Suk-yeol's directive, is moving swiftly to prepare a supplementary budget of up to 20 trillion won to address the economic impact of rising oil prices and inflation.

As tensions escalate between the US and Iran over the Hormuz Strait, international oil prices are once again surpassing $100 per barrel, raising concerns about prolonged high prices and their impact on the domestic economy.

European policymakers are on high alert as they anticipate another inflation shock due to rising oil prices driven by the ongoing conflict in the Middle East.

Author suggests that a prolonged conflict between Israel and Iran could significantly improve Russia's financial situation if oil prices remain high.

Donald Trump emphasizes that defeating Iran is more important than concerns over rising oil prices, asserting that the U.S. stands to gain substantially from such price increases as a major oil producer.

European stock markets opened lower, with the CAC40 index falling by 1.06% amid ongoing tensions in the Middle East and high oil prices.

Eumseong County in South Korea launches an energy-saving campaign in response to rising oil prices due to the U.S.-Iran conflict.

Donald Trump stated that the war against Iran is advancing rapidly, following recent retaliatory promises from Iran's new supreme leader.

The Athens Stock Exchange faces significant anxiety due to persistently high oil prices and ongoing tensions in the Middle East, leading to notable market losses.

The Mexican peso is experiencing losses due to geopolitical tensions between the US and Iran, with investors shifting to safer assets.

US President Donald Trump stated that while America gains from rising global oil prices, his primary focus is on preventing Iran from acquiring nuclear weapons.

Gasoline prices in the United States have reached a four-year high, prompting the Trump administration to release oil from the Strategic Petroleum Reserve.

The article discusses claims that current pricing by oil companies in Iceland is at an unprecedented historical high.

International markets are on high alert as oil prices rise above $100 due to Iran's targeted attacks on energy infrastructure and fears of prolonged energy shortages.

The Australian Treasury warns that a sustained oil price surge could significantly increase inflation rates, projecting a potential 1% rise if prices remain high for extended periods.

The Australian share market is set to decline in early trading due to a decrease in Wall Street, alongside persistently high oil prices resulting from the ongoing conflict in the Middle East.

The White House believes that the United States can withstand high oil prices for up to four weeks before political repercussions cause lasting damage to President Donald Trump's administration.

Despite President Trump's statements indicating the end of the conflict in the Middle East, the situation in the oil market remains tense with prices staying high and shipments at risk.

Finnair tickets might experience a price increase of 20-30% due to military actions in Iran, contingent on fuel prices remaining high, as stated by Antti Tolvanen from Finnair.

German authorities are seeking solutions to the persistently high oil and gas prices, implementing new regulations for gas stations and releasing part of their oil reserves.

The IEA plans to release 400 million barrels of oil stockpiles in response to high oil prices triggered by geopolitical tensions, marking one of the largest interventions in its history.

Following a temporary exemption from the U.S., Indian companies have bought nearly all available Russian crude oil in the market, totaling around 30 million barrels in a single week.

The South Korean government has initiated plans for an additional budget to cope with the economic impact of high oil prices resulting from the US-Iran conflict, emphasizing the need for targeted support to vulnerable communities.

The IEA plans to release strategic oil reserves at record levels to mitigate rising prices due to the Gulf War, leading to ongoing discussions about the future of oil prices.

Consumer interest in eco-friendly vehicles, including electric cars, has significantly increased due to soaring oil prices prompted by tensions in the Middle East.

The South Korean government announces plans to increase the operational rates of nuclear and coal power plants to counteract the long-term high oil prices caused by U.S.-Iran tensions, while also accelerating the transition to renewable energy.

The USA and Israel aim for regime change in Iran following lethal strikes targeting high-ranking Iranian officials, including the spiritual leader Ayatollah Ali Khamenei.

Major oil companies and banks in Argentina have introduced a series of promotions and refunds to help motorists cope with high fuel prices in March 2026.

The Polish government is relying on Orlen's decision to reduce diesel fuel margins as part of a strategy to mitigate the impact of high oil prices exacerbated by the Middle East conflict on retail prices.

Petrobras benefits from rising oil prices due to the conflict in the Middle East, but faces challenges related to pricing policies and inflation in Brazil.

Oil prices have sharply declined, falling below $89.58 a barrel after hitting a three-year high, reflecting dramatic market volatility influenced by political developments in Iran and concerns about the ongoing U.S.-Israel war.

Athens' stock exchange continues to show high volatility influenced by geopolitical events in the Middle East and fluctuating international oil prices.

Concerns are rising that stagflation could return as oil prices spike and economic growth slows amidst high inflation.